Service tax liability for new business

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JAYESH H MANGE (Querist)
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23 August 2013 If a proprietor has established a new business and have taken service tax registration but annual turnover is less than rs.10 lacs,does he need to pay service tax for the same AY ?

Vijay Kumar Srivastav

Vijay Kumar Srivastav (Expert)
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23 August 2013 NO, you does nt need to pay service tax but whenever turnover is more than 10 lakhs than u are liable to pay service tax.

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JAYESH H MANGE

JAYESH H MANGE (Querist)
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23 August 2013 can you tell me provision in which it is described

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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23 August 2013 please refer SSI/ threshold Exemption under Notification No. 33/2012 – Service Tax Dt. 20/06/2012

RENGARAJ R.K

RENGARAJ R.K (Expert)
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23 August 2013 The Notification will state that exemption is available for the small scale providers of services upto 10 lacs. It will not say that payment is not to be made. See Notn No.33/2012 ST dt 20.06.12.

Pl click.
http://www.servicetax.gov.in/st-notfns-home.htm

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