Regarding small service provider liability and exemption

Sir,

I am partner in 2 firms. In one firm I have 90% share and in the other firm I have 10% share. Both firms have seperate service tax registration and both are claiming Small Service Provider exemption. I want to know whether it is valid in Service Tax Law?

 

Thanks!!

Replies (3)
Originally posted by : Ashok Kumar Sharma
Sir,

I am partner in 2 firms. In one firm I have 90% share and in the other firm I have 10% share. Both firms have seperate service tax registration and both are claiming Small Service Provider exemption. I want to know whether it is valid in Service Tax Law?

 

Thanks!!

 

As both is considered as seperate legal entity and having different PAN. Thus no issues.

Regards 
Karanjit Singh | +91-7503588224 
FacebooK link :  https://www.facebook.com/cakaransir
Facebook Group: https://www.facebook.com/groups/U

 

Originally posted by : Ashok Kumar Sharma
Sir,

I am partner in 2 firms. In one firm I have 90% share and in the other firm I have 10% share. Both firms have seperate service tax registration and both are claiming Small Service Provider exemption. I want to know whether it is valid in Service Tax Law?

 

Thanks!!

 

As both is considered as seperate legal entity and having different PAN. Thus no issues.

Regards 
Karanjit Singh | +91-7503588224 
FacebooK link :  https://www.facebook.com/cakaransir
Facebook Group: https://www.facebook.com/groups/U

 

Being a seperate legal entity, there is no issue.

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