Turn over less than 8 lac exemption
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 October 2012
Sir
My hotel turnover less than 8 lacs .My advocate told me not exemtion for your hotel. There are many change 01/07/12012 circular .Your hotel are not exempt .Please tell me any change for exemption 01/07/2012 .
thanks
My hotel turnover less than 8 lacs .My advocate told me not exemtion for your hotel. There are many change 01/07/12012 circular .Your hotel are not exempt .Please tell me any change for exemption 01/07/2012 .
thanks
23 October 2012
Hi
As far as your Turnover is less then 8lacs you are not required to pya service tax, however under reverse charge you may be rquired to pay Service Tax.
Pl refer link for more clarity on reverse charge:
https://www.caclubindia.com/articles/reverse-charge-mechanism-of-service-tax-14673.asp#.UIapIW_A-Hc
Rgds//Vaibhav
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As far as your Turnover is less then 8lacs you are not required to pya service tax, however under reverse charge you may be rquired to pay Service Tax.
Pl refer link for more clarity on reverse charge:
https://www.caclubindia.com/articles/reverse-charge-mechanism-of-service-tax-14673.asp#.UIapIW_A-Hc
Rgds//Vaibhav
Use thank button to convey your appreciation.
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