23 July 2013
HELLO, Q: ANY ASSESSEE WHO HAVE SERVICE TAX REGISTRATION NUMBER BUT INCOME IS BELOW 10LAKH . AND HE IS NITHER PAID NOR FILE ANY TAX /RETURN. WHETHER HE CAN AVAIL BENIFIT UNDER THIS SCHEME?
09 August 2013
if income is below 10 lakhs then no need to pay any service tax. Once it exceeds 10 lakhs then u need to filer return and pay service tax to central govt.