17 November 2013
Dear sir, I would like to start a service center for electronic lab equipments. Annual turn over must be below 5L. Is it require service tax registration. Or any other type registration required or not
17 November 2013
Threshold limit is 10 Lakhs. In your type of work, advisable to claim the exemption as there are several issues in valuation and many customers may not be in position to avail the cenvat credit.
17 November 2013
you are covered under small service provider exemption. So as long as your turnover is less than Rs 10 lakhs, need to not go for service tax registration.
Now I have taken 1 room for rent. It is in village area. Now I need a bank account with company name, what are the procedures for that and what documents required for that?
CAclubindia
