When Liable for service tax payments ??

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2010 Dear Sir/Madam

we know that service tax limit is Rs.10 Lac

so I raise to consultancy bill to customers without service tax from April due to limit is 10 Lac but My turn over cross 10 Lac in Oct Mth then I charge service tax in bill & deposit also.

I m not deposit service tax April to sep. due to turn over under 10 lac

If i m wrong pls. correct me.

thnx n regards

Aditya Maheshwari

Aditya Maheshwari (Expert)
Follow

17 July 2010 If in last year u have availed of the exemption of Rs. 10 lakhs then the same is not available in the current year also.

In the current year you will have to charge service tax from Re. 1 of your billing.

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
Follow

17 July 2010 Agreed with Mr. Aditya.
If you have registered with service tax in starting of year, i.e you have cross the exemption limit at that time i.e in previous year.
Then you have to charge service tax from 1st Bill.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

John Ravindran Moses

ABHISHEK AGRAWAL

Prashant Kotecha

Sanjay Ratnani

Vinod Patil

Subscribe Now

When Liable for service tax payments ??

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA