When once has to pay service tax ?
This query is : Resolved
22 April 2015
Apart from the knowledge available online. I would like to ask a question.
I took a Service Tax number this year hoping that I shall cross the 9 lacs marker but my income for the year has not crossed 9 lacs and not even near anywhere.
a. Am I still liable to charge service tax from my clients ?
b. And pay the same to the service tax dept.?
c. What if I paid service tax last year and this year my income didnot increase 9 lacs, am I still liable to pay and charge service tax?
Any further information is appreciated.
Regards
I took a Service Tax number this year hoping that I shall cross the 9 lacs marker but my income for the year has not crossed 9 lacs and not even near anywhere.
a. Am I still liable to charge service tax from my clients ?
b. And pay the same to the service tax dept.?
c. What if I paid service tax last year and this year my income didnot increase 9 lacs, am I still liable to pay and charge service tax?
Any further information is appreciated.
Regards
22 April 2015
If you had paid service tax last year.. then in this year you wil not hv to look for exemption limit....
This exemptions is available only once..
So from this year you hav to charge service tax from the first bill
This exemptions is available only once..
So from this year you hav to charge service tax from the first 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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Last year TDS Claim
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- LTCG for Assmt year 26-27
- Long Term Service award taxability in hands of company
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
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
