Service tax no. taken but gross receipts are below 10 lacs?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 March 2014
Dear Expert,
I am running one consulting company, i had taken service tax number because of some lack of knowledge about service tax ,
sir, in this year my gross receipts are below 10 lacs , is it required to charge service tax in my bills to the party??
he we issue invoices without service tax even though i had taken Service tax no.
pls. answer if possible pls share any circular or case law.
thanks
I am running one consulting company, i had taken service tax number because of some lack of knowledge about service tax ,
sir, in this year my gross receipts are below 10 lacs , is it required to charge service tax in my bills to the party??
he we issue invoices without service tax even though i had taken Service tax no.
pls. answer if possible pls share any circular or case law.
thanks
15 March 2014
Since your gross receipts are less than Rs. 10 lakhs you are NOT liable to charge service tax.
Even though you have obtained service tax registration, you are NOT liable to service tax unless the gross receipts exceed Rs. 10 lakhs.
Even though you have obtained service tax registration, you are NOT liable to service tax unless the gross receipts exceed Rs. 10 lakhs.
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
- CG Tax On residential property
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Under construction property in ITR
- Gift of mutual fund units to daughter
- Not able to file ITR
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- Reporting of STCG on Property in ITR
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
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
