Service tax registration
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 June 2012
Is service tax registration required if your service is exempt from service tax?
Also when should the registration be done? Is it within 30 days of commencement of business or when your business crosses 9 lakhs in turnover. I see both options when I search and would like to get a clarification.
Also when should the registration be done? Is it within 30 days of commencement of business or when your business crosses 9 lakhs in turnover. I see both options when I search and would like to get a clarification.
07 June 2012
you are not required to seek registration when services provided are exempt.
Where services are taxable but you are enjoying the threshold exemption of Rs. 10 Lacs, then registration is to be sought on completion of Rs. 9 lacs.
Service tax becomes payable on every rupee after crossing Rs.10 lacs
Example you have reached the limit of Rs. 9.80 lacs and your next invoice is for say 40 thousand then service tax is payable only on Rs. 20 thousand
Where services are taxable but you are enjoying the threshold exemption of Rs. 10 Lacs, then registration is to be sought on completion of Rs. 9 lacs.
Service tax becomes payable on every rupee after crossing Rs.10 lacs
Example you have reached the limit of Rs. 9.80 lacs and your next invoice is for say 40 thousand then service tax is payable only on Rs. 20 thousand
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
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Reopen of assessment proceeding
- Management System (IMS)
- FTS Taxable under 115A
- Experts need help
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- EPF FULL & FINAL RULES IN 2026
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Gift Received from nonblood relative
- 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
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
