Small scale service provider exemption limit of rs 10 lac.

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Neha Agarwal (Querist)
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08 April 2015 I have a bit confusion with service tax calculation of Small scale service provider.

In pertaining year value of taxable services Rs: 9.10 lac. where registration has been taken as turnover exceeds Rs: 9 lac.

In the next financial year value of taxable services Rs: 10.50 lac. I want to know would I need to pay service tax on whole of turnover amount 10.50 lac or 50 thousand.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 April 2015 You have to pay service tax on 50 thousand only for the year. Next year it has to be paid on full value.

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CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
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08 April 2015 only on 50000, from next year , from first bill

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