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Service tax
i have registered my self in service tax and cross the turnover limit of Rs.10 lakhs in february 2016 and it will go around 13.5 lakhs in month of march of turnover thus i want to confirm whether i have to pay service tax on remaining 3.5 lakhs or on 13.5 lakhs at the rate 14.5% waiting for fruitfull reply
Replies (2)
Remaining portion 3.5 lakhs service tax liability. But next year total turnover is liable, if it not exceed the service tax limit
Yes next year service tax liability will be on 3.5 lakhs.
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