Service tax query- urgent please ??

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 May 2015 One of my provides consultancy services.
I need service tax calculations for f.yr-14-15... please suggest...

April 14-Jan 15 Rs. 7,00,000 gross receipts.
Feb-15 Rs.1,00,000 gross receipts
Mar-15 he earned rs. 3,75,000..

Totally he earned Rs. 11,75,000/-....

He has not charged service tax on bills till feb-15 since he thought he gross receipts wouldnt cross Rs.10 lakhs for the year...

please suggest the calculations.... on first 8 lakhs should file returns based on includise calculations or should it be ignored and please suggest tax implications on Rs. 3,75,000/-

Rupesh Jain

Rupesh Jain (Expert)
Follow

02 June 2015 when you cross rs. 10 lacs then you have to charge service tax and pay accordingly.

Rupesh Jain

Rupesh Jain (Expert)
Follow

02 June 2015 you have to charge service tax when your amount cross rs. 10 lacs

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA. MOHIT SHARMA

prakash takane

RAMBIR singh

ANJANA PALIYATH

Mahesh Balanthimugaru

Subscribe Now

Service tax query- urgent please ??

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA