Service tax for start up
This query is : Resolved
08 January 2016
I have register a IT proprietor firm for service tax. Do I need to pat service tax for all the transaction made in my company account or I need to pay service tax after 10 lac income.
Ankur Singhal
(Expert)
08 January 2016
Dear
You can claim basic exemption of rs. 10 lakh. You need to pay tax after 10 lakh turnover.
You can claim basic exemption of rs. 10 lakh. You need to pay tax after 10 lakh turnover.
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