06 May 2014
One of my client is into providing the repairs and maintenance services and till now he is not registered under Service Tax Department. The turnover of his proprietorship firm for the f.y. 2012-13 was Rs.800000 and in f.y. 2013-14 the invoices raised were for Rs. 780000 but the receipts from clients were Rs. 980000. The additional Rs. 2 lakh were received pertained to outstanding from certain companies which pertained to f.y. 2012-13. So now does he need to apply for Service Tax Registration since gross receipts have exceeded Rs. 9 lakh and now avail SSI exemption till the turnover crosses Rs. 10 Lakh?