service tax exemption

Service Tax (Legacy) 600 views 7 replies

We are a startup and we have service tax exemption.

How do I mention about service tax exemption in the Invoice?

I want to make it clear to the client. Since we are a startup, we entitled for service tax exemption.

Please suggest. It’s a request

Rds,
Nkr

Replies (7)

Dear Nkr,

If u don't mind may I know the reason...why u want u mark it on invoice that u r claiming Service tax exemption...

Dear Nrk,

Anyway if u want to make it clear then i would suggest u to instead getting it printed on ur ivoice, MAKE A RUBBER STAMP BEARING FOLLOWING & POST IT TO EVERY INVOICE:-

"ABOVE SERVICE IS TAXABLE U/S 65 OF FINANCE ACT 1994, BUT SERVICE TAX HAS NOT BEEN CHARGED DUE TO AVAILMENT OF EXEMPTION UNDER NOTIFICATION NO. 6/2005-ST"

 

Dear Mr. Amir,
 
Truly thanks for your reply.
 
 
What incase if client insist for Service TAX number. Hence I would like to make it clear to the client that the company is exempted from service tax.
 
 
Company was registered in aug’ 2009
 
 
Kindly let me know your outlook
 
 
Rds,
Nkr

Dear Nrk,

Registeration under Service Tax IS REQUIRED WITHIN 30 DAYS FROM THE DATE UR RECEIPTS CROSSES Rs. 9 Lacs...

So No need to get registered as long as ur receipts doesn't cross the threshold of Rs. 9 Lacs

Thanks Mr. Amir,

You suggest I get the rubber stamp instead printing it on the invoice.

 
Is it against the law; if I print the information on the invoice?
 
 
ABOVE SERVICE IS TAXABLE U/S 65 OF FINANCE ACT 1994, BUT SERVICE TAX HAS NOT BEEN CHARGED DUE TO AVAILMENT OF EXEMPTION UNDER NOTIFICATION NO. 6/2005-ST

Dear Nks,

It is not against law if u get it printed on ur invoice, only thing is administrative convinence-

1) U don't have to reprint the invoice book once u start collecting service tax...

2) I understand that one or two or few clients of ur's requiring this information then y for those few clients u start making declaration to everyone.........

Ok Sir, thanks for your inputs

This is information is adequate right

ABOVE SERVICE IS TAXABLE U/S 65 OF FINANCE ACT 1994, BUT SERVICE TAX HAS NOT BEEN CHARGED DUE TO AVAILMENT OF EXEMPTION UNDER NOTIFICATION NO. 6/2005-ST

 


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