I have incorporated a new private ltd company for tour and travel services. As a new company, their receipts will not go beyond 10 lakhs in current financial year.
Whether they have to apply for service tax compulsorily?
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Service tax for tour and travel agent
Replies (2)
Nope as per Service tax rules when receipt exceeds 9 lakh then u hv to apply for ST registration within one month
9 lakh limit is applicable for sale of service. but suppose you avail any service which is subject to reverse charge then you have to take service tax registration as your's is an private limited company so whenever your co. avail any reverse chatrge service co. is liable for payment of service tax.
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