Service tax deduction


This query is : Resolved 

01 July 2013 First year professional receipt cross 10 lakh rupees..so i have to collect service tax..next year receipts only 9 lakh rupees..what should i do now..?whether collect or not..?

01 July 2013 If you have registered with service tax then you can surrender the ST-2.

My suggestion for you is plz take consideration for next year turnover before surrendering ST-2

01 July 2013 Sir,Last year i am a service tax (>10lakh)assessee..but current year receipts only 9 lakh.next year it will increase (>10lakh).this year whether i have to collect or not sir.?

01 July 2013 If you have service tax registration, you have to collect service tax whatever may be the collection till the service tax registration surrendered



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