Service tax - basic exemption limit

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CA in Practice
193 Points Posted on 28 May 2012

Dear friends,

Whether the service tax basic exemption limit of Rs. 10 lakhs per year is applicable to franchisees ? or do they have to collect service tax for each rupee they collected (even less than Rs. 10 lakhs) ? 

Please share your views.

thanks in advance..

vinodaca74 @ gmail.com

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On 28 May 2012 at 17:20 Report
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service provider
77 Points Posted on 28 May 2012

limit applicable to all assesse. except ST payble under reverse charge...!

 

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On 28 May 2012 at 22:46

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