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
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
(Expert)
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.
In the current year you will have to charge service tax from Re. 1 of your billing.
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.
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
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst credit note by supplier
- Reward for festival
- 18% Rent a cab
- Missed uploading GST Invoice
- Movement of goods by packers and movers - type of sale - Reg.
- ARCA LOGIN
- Closer of business and itc of capital goods
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Appointment of Auditor By Form ADT-1
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
