Service tax exemption

This query is : Resolved

MOHIT KUMAR (Querist)
Follow

17 November 2014 In FY 2014-15 we are covered in Negative list in first half only upto 30.09.2014.

from 01-10-2014 our service is taxable.

our october revenue around Rs. 35 lacs. can we claim exemption limit of Rs. 10 lacs or not.

can we can raise invoice without charging service tax amounting to Rs. 10 lac.

Please suggest me with reference to any notification / particular section.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
Follow

19 November 2014 Yes you are eligible for Small Service Provider (SSP) exemption. You can avail the exemption & not pay service tax on the first Rs. 10 lakhs invoices.

You can raise invoice up to Rs. 10 lakhs without charging service tax.

MOHIT KUMAR

MOHIT KUMAR (Querist)
Follow

19 November 2014 Thanx Siddharth.

Can u Please if u could.. give me any link/ Reference regarding this.

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

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

GOVIND VAJIRAJ DESAI

Ramulu Thakkalapally

RAVINDRA JOSHI

cgagroshg cgagroshg

velichety.l.narasimharao

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 CONSULTANCY

Accountant

CA Final

GST CONSULTANT