Hi,
Can anyone kindly confirm me that whether I should have to pay service tax on the crossed limit only in the current year, if my PY turnover is less than Rs.10 Lakhs or on the entire tranxs amount. i.e., my current year service turnover would be around Rs.15 lakhs, now will it be enough if I pay service tax only on the extra 5 lakhs or should I have to pay on entire 15 lakhs. Plz suggest.
In one forum, i had seen that for transactions that went upto 12lakhs, paying on extra 2 lakhs is enough but if it crosses 12 lakhs then one should pay on the entire transactions amount with out any exemption of 10 Lakhs. Is it true?
And is it true that my service, where I supply manpower from helpers to computer operators to a Govt. organization comes under "Manpower Recruitement & Supply Agency" category.
Thanks in advance.