banner_ad

Regarding Payment of Service Tax

Service Tax (Legacy) 1244 views 5 replies
User Avatar

Mgr - Commercial
142 Points Posted on 21 February 2008

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.

 

Reply Share Follow
On 21 February 2008 at 09:57 Report
Replies (5)
User Avatar

DGM-F & A
1734 Points Posted on 21 February 2008
trading is not covered in Service Tax.till you have service taxable sale of 8 lac ,There is no need for ser.tax No.
Reply
On 21 February 2008 at 13:19
User Avatar

CA Final
57 Points Posted on 22 February 2008
If your Turnover w.r.t. Services exceeds or reaches Rs. 700,000/= then u have to register under Service Tax.
Reply
On 22 February 2008 at 06:23
User Avatar

Service
515 Points Posted on 22 February 2008
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.
Reply
On 22 February 2008 at 18:43
User Avatar

Guest
460655 Points Posted on 25 February 2008
unless your service taxable income exceeds Rs. 8 lacs you can do the business without having S reg No
Reply
On 25 February 2008 at 15:33
User Avatar

Professional
61 Points Posted on 25 February 2008
There is no need of service tax registration untill your service income comes R.7Lacs without consideration of your trading income
Reply
On 25 February 2008 at 20:39


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details