service tax payment liability on voluntary basis reg.
This query is : Resolved
09 April 2009
IF I GOT REGISTERED IN SERVICE TAX VOLUNTARILY, THE LIABILITY FOR PAYMENT/CHARGED OF SERVICE TAX WILL START FROM FIRST BILL OR AFTER 10 LAKHS EXEMPTION LIMIT.
IF I GOT REGISTERED IN SERVICE TAX VOLUNTARILY, THE LIABILITY FOR PAYMENT/CHARGED OF SERVICE TAX WILL START FROM FIRST BILL OR AFTER 10 LAKHS EXEMPTION LIMIT.
09 April 2009
If you feel that your services will cross 10 Lakhs during the year then you have to start billing from the first bill itself.
Otherwise at the end if it crosses 10Lakhs then you have to pay from the begining.
And as per service tax if your services cross 9 Lakhs you have to get it registered or if your estimated services will cross 10 Lakhs then you have to register.
Otherwise at the end if it crosses 10Lakhs then you have to pay from the begining.
And as per service tax if your services cross 9 Lakhs you have to get it registered or if your estimated services will cross 10 Lakhs then you have to register.
10 April 2009
i support the expert
12 April 2009
If your turn over(cumulative receipt for taxable services) is less than or equal to 10 Lakh in the previous year, you are eligible for the basic exemption.
In the current year, cumulative amount of successive receipts(not billing) upto Rs. 10L is exempt. The next receipts will be taxable.
In the current year, cumulative amount of successive receipts(not billing) upto Rs. 10L is exempt. The next receipts will be taxable.
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
- Fixe term employment
- Is any professional CA is here please reply
- Putting a heading on received mail
- Gift Received from nonblood relative
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Experts need help
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
