Please someone answer me clarification for following question
1. If we supply vehicles to good transport agency under notiifcation 29/2008. and raised bills of Rs. 15,00,000/- during the particulars year whether we need to register under serivce tax under supply of tangible goods . Even thoug entire service are exempt by notification no 29/2008.
Yes, you have to get registered. As per the rules, if the services provided exceeds 8 lacs, registration is compulsory, irrespective of the fact, that it is exempted.
I want to know that when the Registration is compulsory if
services is exceed 10 lac
or
services is exceed 8 lac
10 lakhs at presant....
10L is exempt but you need register when you cross 9L
B Thejas and Associates
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Saini Pati Shah & Co LLP, Chartered Accountants
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