About service tax payment

Dear Asha

When a Small service provider provide more than rs. 9 lakh service in a year  than he should get himself registered under service tax. Once he get registered he has to pay service tax and file his returns. Your doubt is whether it will be applicable in 2013-14? answer is yes, because when you got registered you have to give your clients bills(in which you have charged service tax amount)  which you have to pay to govt. This rs. 10lakh exemption is for the first year. I hope you got the point.

Regards 

Dear Sunil 

are you saying that they are going to get 10 lakh exemption every year?? if you are saying this then i advice you to see the provision and rules of service tax.

10lakh exemption is for registration in service tax and not for the payments of service tax. 

Regards

Agree with sunil kumar. All must kindly read Notification No. 33/2012-ST dated 20-06-2012 which exempts aggregate value of taxable services upto Rs. 10 Lacs upon condition that the same was not exceeding Rs. 10 Lacs in the preceding year. 

So in the given case, for FY 2013-14, service tax need to be discharged from Re. 1 as exemption is not available due to turnover exceeding Rs. 10 Lacs in FY 2012-13. 

In FY 2014-15, threshold exemption can be availed upto Rs. 10 Lacs as turnover was less than Rs. 10 Lacs in the FY 2013-14