What is the limit for applying service tax for educational institute?
Menu
Service Tax
Replies (2)
Limit? for applying for registration.
Well, service tax payment is exempted for the first gross value of Rs. 10 lakhs in a fnancial year. You are expected to take registration after crossing the limit of 9 lakhs.
However, the exemption notification is voluntary. If you dont want to avail exemption and want to take credit of the inputs/input services; you can opt to pay duty any time you wish.
| Originally posted by :Rajesh Kumar | ||
| " | Limit? for applying for registration. Well, service tax payment is exempted for the first gross value of Rs. 10 lakhs in a fnancial year. You are expected to take registration after crossing the limit of 9 lakhs. However, the exemption notification is voluntary. If you dont want to avail exemption and want to take credit of the inputs/input services; you can opt to pay duty any time you wish. |
" |
thanks for reply
Recent Threads
- E filing thr net banking for AY2025-26
- PROPERTY REPORTING IN ITR
- F&o profit or loss can show a government emplo
- Tax Query for FY 2024-25
- ITR Offline JSON Utility not showing saved drafts
- Incometax port8 not working
- U4gm-Leveling an Amazon Build with Lightning Spear
- 44ADA income declaration
- Taxation of RSU sold of foreign listed entity by e
- Form26QB in case of death of joint owner (seller)
Related Threads
CAclubindia
