Service tax limit?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 January 2014
Dear Experts.,
I am a welding labour works concern proprietor.my yearly turnover is Rs.17,45,000.00 and then I am received house rental income yearly Rs.98,500.00.
My doubt is I am pay to service tax ? ? how ?
Wish u happy new year 2014.
I am a welding labour works concern proprietor.my yearly turnover is Rs.17,45,000.00 and then I am received house rental income yearly Rs.98,500.00.
My doubt is I am pay to service tax ? ? how ?
Wish u happy new year 2014.
Nitin Bhuta
(Expert)
01 January 2014
Yes Service Tax is applicable on labour charges.In the first year of commencement initial exemption of Rs.10 Lakhs is permissible for Small Scale service Providers. Service Tax is leviable @ 12.36%. You need to file half yearly returns as per the provisions of service tax act 1994.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Reward for festival
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Rent agreement of House of deceased person
- Import of Capital Machine
- Rectification under processing even after 6 months cpc portal
- Gift to nri relatives resides in usa
- Capital gain on commercial property and investment in residential property
- Appointment of Auditor By Form ADT-1
- ARCA LOGIN
- 18% Rent a cab
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
