29 April 2015
I have registration with Service tax and filing my e-returns on line since last 3 years. I have charged service tax and file my e-return up to FY 2014-15.
1. This year FY 2015-16 my gross income will be less than 9 lacs. Do I need to stop charging service tax from my clients and stop file my e return? Pls advice.
2. If filing of e return is necessary, do I have to mention my income in the return or I should file nil return. Pls advice.
2. From FY 2015-16 onwards my gross income will below 9 lacs, should I withdraw my service tax registration to discontinue filing e returns on line. What is the procedure for withdrawing service tax registration. Pls advice,
29 April 2015
1. No you have to charge service tax and file return. Only for first year exemption available for 10 lacs for subsequent years even the turnover falls below 10 lacs you have to pay service tax. 2. You have to pay service tax irrespective of your turnover.