Service tax

Queries 326 views 6 replies

I am planning to start a new business and willing to take Service Tax number from the starting itself.

Is it mandatory for me since I have a ST number to charge tax from day 1 or will I still be allowed threshold limit of Rs 10 lakh before I should charge tax..

Replies (6)
firstly we need to register for service tax only when our sales crosses 9lakhs and then start charging service tax when sales crosses 10 lakhs.
now if u want to take service tax number from beginning only...thn you will have to start charging service tax too and file service tax returns semi annually
sorry for the above answer....u just need to file nil returns ..
no charging service tax

So I can skip charging the tax till the day my turnover reaches 10 lakhs right..

Filing of return is a separate issue, i need clarification on charging of tax,

 

yes....u can skip charging service tax till your sales reaches 10laks
Thank you Kajal :)
welcome latika 😃
and all the best


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details