Service tax exemption for every fy

Hi,

My client has total turnover (service charges received ) for FY 2011-12 is Rs. 32 lakhs and he availed the basic exemption of  Rs.10 lakshs and he pay the service tax for the remaining Rs.22 lakhs , For the FY 2012-13 his turnover (Service charges received ) is Rs.4 Lakhs Do he have exemoption for this year also  or he want to pay from the first amount

please clarify me

 

Kannan sugumaran

Replies (3)
He can not avail the exemption of ss p in current year becouse in last fy he has takan the benefit of ssp for the small service provder in current year he is not ssp becouse ssp condition is chek in previous fy thats is why he has to the service on 4 lac
I agree with aakash gupta, you are required to pay S.T on receipts.
once the registration is taken, service tax is payable by the assessee irrespective of the current year's turnover. You will have to pay Service tax on accrual basis and not on receipt basis as a service provider.

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