Is there any taxable limit for charging of Service tax.
I recently saw a bill raised by CA for Rs. 4000, however, he did not charge any ST. Is there any limit or exemptions on which ST is to be charged??
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Service tax on profess bilss
Replies (4)
st is chargeable, only if the value of the services exceeds Rs. 10,00,000
Thanks Ankit :)
you are welcome.
actually the provision is that if in the previous yr the Calue did not exceed 10,00,000 then he will be a small service provider and is not reqd to charge ST upto 10,00,000
Yes..I understood the concept. The link below was quite useful:
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