If the turn over of service sales exceeds exemption limit i.e. Rs.10 lacs first time then on which amount service tax will be applicable ? whether on whole amount of turnover or on amount which exceeds Rs. 10 lacs ?
14 May 2014
It will b applicable on the whole amount.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
14 May 2014
Thanks for your reply.
If once service tax becomes applicable and have also taken service tax no., then service tax will be applicable each irrespective of turnover or the year in which turnover exceed the exemption limit ?