service tax exemption

any one can help me about the service tax exemption of Rs.10 lacs.

  • The limit Rs.10 lacs is count for every year that means service tax is collectable once the billing is exceeds Rs.10 lacs and the service tax is to be collected from Rs.10 lacs and above in each financial year , OR
  • Once billing is exceeds Rs.10 lacs in a year and for immediate  subsequent year liable to collect service tax irrespective of the crossing the billing of Rs.10 lacs form Rs.1 on wards.

pls. clarify

Replies (5)

Once the turnover exceeds RS. 10 Lakh in a year, ST will be leviable from Rs. 1 in next year.

 

is this 10lacs limit for all premises collectvively or for individual premises separatly??

1) in case of centralised registration??

2) in case of separate registration??

Liability is for person not location. All locations to be clubbed.

Once Rs. 10 lakhs exceeded then on exceeding part liable.

Once exceeded next year to pay ST from Re. 1

thank you sir !!!

does the same principal applies on 9lacs exemption limit for registration???

can every body send  me  notification regarding exemption this matter 

on my email add :- neerajcafa @ gmail.com 

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