19 January 2017
Suppose we have provided taxable services worth Rs.7,50,000/- and received Rs. 1,60,000/- as advance for services to be provided for current year as well as next year, totaling the Receipt as Rs. 9,10,000/-. So should we register as Service Tax Assessee(considering receipt amount) or wait till our service actually provided exceed Rs. 9,00,000/-?