Service tax on turn over below 10 lacs
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 January 2014
Dear Sir
I had taken Service Tax Registration under " Manpower Recruitment Agency" in Dec 2013 now i have to do billing to customer & this is my first billing to customer so please advice me i have to charge service tax or not my turn over will go before march above 10 lacs
so please kindly advice on the same.
regards
Mohan Gaikwad
I had taken Service Tax Registration under " Manpower Recruitment Agency" in Dec 2013 now i have to do billing to customer & this is my first billing to customer so please advice me i have to charge service tax or not my turn over will go before march above 10 lacs
so please kindly advice on the same.
regards
Mohan Gaikwad
03 January 2014
you can continue to claim exemption till the Rs 10 lakhs turnover is reached. However, the service receiver will have to pay his share of service tax under RCM.
03 January 2014
start charging service tax only from that invoice which makes your turnover cross 10 lacs.
other invoices before that are not liable to be charged for service tax.
but in my personal view for better business, charge service tax from 1st invoice itself to avoid inconvenience to customer but its upto you. rule is as mentioned above.
other invoices before that are not liable to be charged for service tax.
but in my personal view for better business, charge service tax from 1st invoice itself to avoid inconvenience to customer but its upto you. rule is as mentioned above.
04 January 2014
agreed with Vikas's view.
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
- Supply through E-commerce Operators
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Relief u/s Section 89
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Taxation on LTCG for property sold after 24JUL2024
- E way bill for tractors
- STCG on ETF gold & silver
- If there is Long term capital gain exists how much total income to be considered
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- 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
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
