If my export turnover in FY is 5 lakhs and domestic turnover is 6 lakhs, do I come within the service tax net as far as charging of service tax on bills are concerned. It has to be noted that export service is not liable to service tax levy.
Regards,
When value of taxable services provided during the year exceeds Rs. 10 Lakhs.
In computing the value of taxable services, exempted services are not to be considered.
Hence, in your case, you can enjoy the benefit of exemption of small service provider.
Regards
Prateek
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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