Service tax on actor

This query is : Resolved 

03 April 2013 Sir,

If Service is 1st Time become Taxable
such as ST on ACTOR wef 01st July 2012\

then
my Question is
if an Assessee crossed Rs 10/- Lakhs in P/Y i.e F.y 2011-12
then Basic Exemption Limit will be available for F.Y 2012-13 or not

03 April 2013 In this case, for FY 12-13 he will be getting the basic exemption limit upto 10 lacs. Once it crosses 10 lacsm, then anything above will be chargeable to ST.

03 April 2013 Sir,

Notifications or Explanation
which i can refer

03 April 2013 Or any Websit Link
which i can Use for my Refrence


Thanx

03 April 2013 Sir,

If u refer the below link
it says that you will not entitle for BASIC EXEMPTION Limit in C.y

03 April 2013 Sir,

If u refer the below link
it says that you will not entitle for BASIC EXEMPTION Limit in C.y

https://www.simpletaxindia.net/2012/09/service-tax-exemption-limit-who-can.html

03 April 2013 The definition of the ‘aggregate value’ has been amended w.e.f. 01.04.2012 whereby the sum total of the value of taxable services charged in the first consecutive invoices issued/required to be issued during the financial year shall be considered instead of payments received.

Though Straight way this lines not clear your query, but it can be understand from this line that "service tax exemption is abailable"..

agreed with the above expert LKR CA ...


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