Regarding Payment of Service Tax

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Mgr - Commercial
142 Points Joined October 2007

I am trader along with provide services also.  Total my turnover (Sale+Services) is around 20Lakhs, services alone is 5-6Lakhs only.  Here my doubt is shell I required to take service tax registration and  shell I liable to pay service tax, pls clarify.

B.V.K.Nageswara Rao.

 

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On 21 February 2008 at 09:57 Report
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DGM-F & A
1734 Points Joined November 2007
trading is not covered in Service Tax.till you have service taxable sale of 8 lac ,There is no need for ser.tax No.
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On 21 February 2008 at 13:19
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CA Final
57 Points Joined January 2008
If your Turnover w.r.t. Services exceeds or reaches Rs. 700,000/= then u have to register under Service Tax.
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On 22 February 2008 at 06:23
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Service
515 Points Joined October 2007
As per rules, you have to take registration when the income from service activity reaches Rs.7 Lakhs and start paying tax if, the turnover crosses over Rs. 8 Lakhs.
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On 22 February 2008 at 18:43
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Guest
440205 Points Joined August 2012
unless your service taxable income exceeds Rs. 8 lacs you can do the business without having S reg No
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On 25 February 2008 at 15:33
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Professional
61 Points Joined November 2007
There is no need of service tax registration untill your service income comes R.7Lacs without consideration of your trading income
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On 25 February 2008 at 20:39


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