Service tax exemption

This query is : Resolved

tabrez khan (Querist)
Follow

03 March 2014 my query is -whether once in service tax always in service true??
If an Assesee who is under service tax ambit subsequently if the value of the Taxable Services fall below 10 lakhs does assesee still has to pay service tax for the subsequent years??

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
Follow

03 March 2014 "Once in service tax, always in service tax" is NOT correct.

If during any year, the total turnover is less than Rs. 10 lakhs, then in the subsequent year the assessee is a Small Service Provider and he is eligible for service tax exemption.

Message likes : 1 times

Arun Kumar Singh

Arun Kumar Singh (Expert)
Follow

03 March 2014 even if you have registered with service tax and your turnover is bellow 10 lakhs then no need to pay service tax but filing of service tax return is mandatory.

Message likes : 1 times

tabrez khan

tabrez khan (Querist)
Follow

03 March 2014 thank you for your valuable advices.
Please provide the Section Reference.
Regards

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

SHYAM SUNDER GULATI

eddanapudi murali

Frank

Vijay Singh

ajay agrawal

Subscribe Now

Service tax exemption

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA