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Service tax examption limit 10 lac (replay please )

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Querist : Anonymous

Querist : Anonymous (Querist)

05 June 2013 can anybody tell me service tax examption limit 10 lac applicable for every year or not ,if applicable please tell me rule & notfication

Ganeshbabu K

Ganeshbabu K (Expert)
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05 June 2013 IF YOUR TURNOVER EXCEEDS 9 LAKHS YOU MANDATORILY REGISTERED UNDER SERVICE TAX,WHERE AS TURNOVER EXCEEDS 10 LAKHS IN PREVIOUS YEAR MEANS SERVICETAX APPLICABLE

SO ONCE IT EXCEEDS 10 LAKHS IN A YEAR EVEN THOUGH YOU HAVE LESS THAN 10 LAKHS IN SUBSEQUENT YEAR SERVICE TAX IS APPLICABLE ON THAT YEAR ALSO

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