is service tax applicable

707 views 1 replies

sir/madam,

please tell me if any organization working in trading and service and turn over of the company n turn over of

the company is mover than 4 cr. in trading and nearly 8 lac for service

 

please tell me is service tax registration required for the company ???????

Replies (1)

only when taxable Service income exceeds Rs.10 Lakhs, Service Tax Liability atracts, UNTILL then no Liability.

The point which you made about the Turnover related to Trading activity is irrelevant for Service Tax.

 

Hope your doubt is cleared.

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