Service tax limit 10 lacs on individual service
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 August 2013
A Financial Service provider has a Prop. firm and ST registration in Firm's Name he is deducting ST on Professional Services
He in his individual Capacity also provide rental service value 5 lac
Now my question is
1. weather he needs to deduct ST on Rental Service as the limit is 10 lac
2. weather same Reg no will be used for all kinds of service provided by his firm or by himself
plz reply urgent
He in his individual Capacity also provide rental service value 5 lac
Now my question is
1. weather he needs to deduct ST on Rental Service as the limit is 10 lac
2. weather same Reg no will be used for all kinds of service provided by his firm or by himself
plz reply urgent
08 August 2013
yes he also required to charge service tax on 5 lacs since PAN no. of the both would be same.
using separate firm names one can't allow to get exemption of 10 lacs more than once.
using separate firm names one can't allow to get exemption of 10 lacs more than once.
Message likes :
1 times
08 August 2013
If total receipts of all of the service provided even from separate address/office exceeds 10.00 lacs, then registration of service tax is mandatory.
i.e
No of services- irrelevant
no of place of providing service- irrelevant
all the services of different place should be clubbed together
i.e
No of services- irrelevant
no of place of providing service- irrelevant
all the services of different place should be clubbed together
Message likes :
1 times
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
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- Regarding IMS Mandatory from 1st July 2026
- BIS Certificates
- Free lancer income
- Capital Gain on EUITY Shares
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
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
