Two services

This query is : Resolved

PANKAJ KUMAR SRIVASTAVA (Querist)
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23 January 2015 SIR,
I HAVE LET OUT MY PROPERTY AND RECEIVED RENT RS.11.00 LACS DURING F.Y. 2014-15.I HAVE TAKEN REGISTRATION IN SERVICE TAX AND HAS PAID SERVICE TAX THEREON ACCORDINGLY.
I HAVE ALSO GIVEN CONSULTANCY SERVICE FOR RS. 5.00 LACS DURING F.Y 2014-15
SIR PLEASE GUIDE ME WEATHER SERVICE TAX IS PAYABLE ON RS. 5.00 LAC OR NOT ? AS THE AMOUNT IS LESS THAN RS. 10.00 LACS
WITH REGARDS

CA Parveen Kumar

CA Parveen Kumar (Expert)
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24 January 2015 Gross amount of Service provided during the FY 2014-15 exceed Rs. 10 lakh, so you are liable to pay Service Tax.

As per notification no. 33/2012-ST, the exemption of Rs. 10 lakh is for all services provided.

Exemption of Rs. 10 lakh not available for individual service.