Small service providers basic exemption limit
This query is : Resolved
29 March 2012
Is there any change proposed in the limit from Rs10,00,000 to Rs50,00,000\- in the budget presented on the 16th march 2012 for small service providers under the service tax act
regards
jr kota
regards
jr kota
29 March 2012
Yes. Service tax can be paid on receipt basis.
29 March 2012
dear sir,
my query is not whether service tax can be paid on receipt basis. It is about any change in the basic exemption limit for liability to pay service tax
regards
jr kota
my query is not whether service tax can be paid on receipt basis. It is about any change in the basic exemption limit for liability to pay service tax
regards
jr kota
29 March 2012
Limit 10 lakhs to 50 lakhs not proposed.
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