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
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
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Reopen of assessment proceeding
- Experts need help
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Rental income gst and it purpose
- EPF FULL & FINAL RULES IN 2026
- FTS Taxable under 115A
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Gift Received from nonblood relative
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
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
