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!!
| 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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