Service tax query urgent

Queries 585 views 4 replies

I have an urgent query. Hope somebody can help. I have learnt that once a company touches a turnover of 9 lakh, it registers for a service tax number and when it crosses 10 lakh, it needs to file the service tax. My query is whether one is required to file the service tax only for the transactions which take place AFTER a company has registered for a service tax number or are we required to pay the service tax for all previous transactions which ever happened (even before the company touched the 9 lakh limit) 

Thanks in advance :) 

Replies (4)

ST is collected and paid after your turnover crosses 10L

1.Comany is exciseable unit 

2.I am a contractor of  job work  of goods Manufacture. 

3. Job works  amount above 10 Lakh.

4. service tax applicable if company is exciseble unit  and item is exciseable.

Please give me sugection

Thanks

Originally posted by : A Sharma
I have an urgent query. Hope somebody can help. I have learnt that once a company touches a turnover of 9 lakh, it registers for a service tax number and when it crosses 10 lakh, it needs to file the service tax. My query is whether one is required to file the service tax only for the transactions which take place AFTER a company has registered for a service tax number or are we required to pay the service tax for all previous transactions which ever happened (even before the company touched the 9 lakh limit) 

Thanks in advance :) 

I u r reqistered than return must be submitted even value of services is NIL. If not than you need to take registration when you cross 9 value and start payment of service tax after ten lacs claiming exemption under notification No.25/2012-ST (earlier 06/2005-ST).

Originally posted by : Mahipal Jain
1.Comany is exciseable unit 

2.I am a contractor of  job work  of goods Manufacture. 

3. Job works  amount above 10 Lakh.

4. service tax applicable if company is exciseble unit  and item is exciseable.

Please give me sugection

Thanks

in case of job work for and on behalf of manufacturer, liability of service tax is not arised even after 10 lacs.. clarify

1- what exact u r doing.. ?

2- actiivty is carried out in your premises or in manufacturer's premises.


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