Service tax query

No

Two situations we need to evaluate to decide whether to collect ST or not

1.IF IN THE PREVIOUS YEAR(PY) THE VALUE OF TAXABLE SERVICES IS LESS THAN Rs.10LAKHS

If the value of taxable services exceeds Rs.10 Lakhs (during the current year) only then the service tax to be collected. ST to be collected on the amount exceeding Rs.10Lakhs.

2.IF IN THE PY VALUE OF TAXABLE SERVICES EXCEEDS Rs.10 LAKHS

from the very 1st rupee of Taxable service we have to collect Service Tax.

Once the value of taxable service exceeds Rs.9 Lakhs, within 30days we need to get ST Registration.