Sam Kochhar (Owner) (69 Points)
08 November 2011Hi Friends, Does anyone has copy of notification to register Business Auxiliary Service. I need for reference. Secondly If any company is already providing business auxiliary Services from last 4 year and now if they register with service tax, will past transactions would be accounted.
need advise.
Thanks
Sumeet
CA Unnikrishnan Nair N
(Chartered Accountant)
(2083 Points)
Replied 09 November 2011
REgistration threshold is Rs.9 L. Basic exemption limit is Rs.10L. Pre-condition for availing basic exemption is that preceding year turnover has not exceeded Rs.10L. Once get registered, Department may enquire in to preceding years business details.
Live Course on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance
CAclubindia
