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Service tax registration

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This query is : Resolved

Karthik Mehta (Querist)
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18 September 2013 Dear Friends, I am doing business of travelling and have turnover of Rs. 1400000/-. Expenses for Diesel is Rs. 600000/-. what will be limit to registered under act whether it is 1400000/- or 800000/- ? Direct Expenses are considered to determine value taxable service? plz help its urgent Thanks to all

CA Suresh Jain

CA Suresh Jain (Expert)
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22 September 2013 value of service normally is the charges billed or billable by the service provider. As per your query the amount of taxable service provided by you is 14,00,000/-. You should have registered yourself and should have paid the service tax. Anyway, it is not late, please rectify your mistake now.

disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case

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