Service tax for taxable sevice

Queries 406 views 2 replies

Turnover in FY 2011-12 ( non taxable service) is Rs. 12 lakhs

Turnover for FY  2012-13 - April to June - 5

(service became taxable wef 01/07/2012) is Rs. 8lakhs

Is service tax applicable?

from which period?

What is the value of taxable service? 

Replies (2)

The service is not taxable since it is within the limits of 10 lakhs. 

But preceeding year it exceeded Rs. 10 lakhs


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