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Tailoring Business

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(Querist)
30 December 2008 Hello, My client is into tailoring of bridal wear like specialized embroidery and all. Annual receipts is 5-7 lacs p.a. Will this be covered under any service tax? Or will be treated as business income? Receipts are 100% in cash.
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Jitender

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Jitender (Expert)
30 December 2008 no service tax is payable as u can claim the benefit of small scale service provider (i.e no service tax is payable upto 10 lac) . it will be treated as business income, it does not matter whether receipt are in cash or whatsoever.
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RS

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RS (Querist)
30 December 2008 will VAT be applicable?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
24 June 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp
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