- One of my clients have crossed the 10 lac mark last year and collected and paid service tax for the excess amount. For the current year, their turnover is not likely to cross 10 lac. should they collect and pay service tax.
- Is the export service to be included for arriving the 10 lac limit
- can CENVAT credit on telephone bill, electricity bill etc., paid by my client be availed for the first year. is there any limit to it?
Menu
Service tax
Replies (3)
if client crossed the limit of 10 lakh in previous year, service tax shall be applicable
in ur case, service tax provision shall be applicable
Your client is liable to pay Service tax.
Service tax is not applicable on exports. But you need to show exports in service tax return in gross amount and later you can claim it as exemption.
Cenvat credit for elec bill and tele bill can be taken by your client.
Is the export service to be included for arriving the 10 lac limit
Recent Topics :
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
- Hotel stay below Rs.1000/- GST applicable or exemp
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Generate E-Way Bill for 4 Nos. Suppliers Involveme
- Section 54F Exemption
Related Topics :
CAclubindia
