Please suggest on Service Tax

Dear Mr.Mishra,

Since exemption has been provided if  the aggregate of receipts for services rendered is upto Rs.10 lakhs p.a for Small service providers, you need not pay service tax. Also pls note that before charging service tax, you should register yourself with the Department . Regarding registration, kindly note that unless the aggregate value of taxable services does'nt exceed Rs.9 lakhs, registration is optional( so again no registration in your case).

Dear Vijay,

Just want to add what Venkat Sir has rightly mentioned that if u have collect service tax from ur clients then u r liable to deposit it with the Govt. no matter whether u were liable or not...

Dear Vijay,

Chargeability of service tax depends upon the turnover achieved in the previous year.Basic limit if exceeds during PY then you have to comulsory register for service tax.Since your turover have not crossed basic limit you are not required to charge service tax.

totally agreed wid venkat sir

SERVICE TAX is depend on amt you received from your clint also if receipt amt is less than Rs10 L no need to deposit service tax (ST 3) but in case at a same time some one charge service tax on you then it is neccesary to deposit service tax for getting credit from central govt.

SERVICE TAX is depend on amt you received from your clint also if receipt amt is less than Rs10 L no need to deposit service tax (ST 3) but in case at a same time some one charge service tax on you then it is neccesary to deposit service tax for getting credit from central govt.

SERVICE TAX is depend on amt you received from your clint also if receipt amt is less than Rs10 L no need to deposit service tax (ST 3) but in case at a same time some one charge service tax on you then it is neccesary to deposit service tax for getting credit from central govt.

A Sole proprietorship company has a turn over of less than 10 lakhs upto February, 2010. They do not have Service Tax Registration.    At the end of February 2010, the firm has to raise a bill for Rs.38 lakhs.  The company will apply for Service Tax Registration in the financial year begining 1st April 2010.  Is this in order or should the company apply for Service Tax Registration before raising the bill for Rs.38 lakhs ?