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Service tax is chargable on receipt basis

This query is : Resolved 

28 December 2013 Friends,

service tax is chargeable on receipt basis for individuals , Firms , LLPs up to 50lakhs.

28 December 2013 YES,
BUT SUBJECT TO YOUR PRECEDING FINANCIAL YEAR GROSS RECEIPT IN NOT MORE THEN 50 LAKHS OF YOUR ONE OR MORE PREMISES

28 December 2013 pls mention the relevant provision in this regard?


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