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?
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?
The service is not taxable since it is within the limits of 10 lakhs.
But preceeding year it exceeded Rs. 10 lakhs
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
