If an assesee has paid service tax without claiming the exemption of Rs 10 Lakhs.Can he claim the same the next year?
If an assesee has paid service tax without claiming the exemption of Rs 10 Lakhs.Can he claim the same the next year?
| Originally posted by : janani | ||
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If an assesee has paid service tax without claiming the exemption of Rs 10 Lakhs.Can he claim the same the next year? |  |
Taxable services of upto Rs. 10 lakh can be claimed as exempted in the current year provided the preceding financial year receipts, does not exceed Rs. 10 lakh.
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To know more, refer Notification No. 33/2012-ST, dated 20.06.2012.
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