Show Casue Cum Demand Notice - Calculation

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Proprietor
101 Points Posted on 16 January 2021

Hi,

I have received a service tax notice for FY2015-16. I have no service tax number and the services provided by me in the year:
FY2015-16:   Rs.12,50,000
FY2016-17:   Rs.8,00,000
FY2017-18 (Till June):  Rs.4,00,000

Can somenody help me what will be the service tax liability as per the above?





 

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On 16 January 2021 at 11:40 Report
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Quick Summary
This discussion addresses a user's query about a service tax notice received for FY2015-16, despite not having a service tax number. The advice provided indicates no liability for FY2016-17 and FY2017-18, but a potential liability for FY2015-16 on Rs. 2,50,000 after a deduction, plus applicable interest. The user also inquired about interest waiver schemes, but it was noted that the amnesty scheme has expired.

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Chartered Accountant
86505 Points Posted on 18 January 2021
No liability for the F.Y. 16-17 & 17-18.

But for F.Y. 2015-16 you are liable to pay service tax, however you get deduction of 10,00,000 so liability arises 18% on 2,50,000 plus interest
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On 18 January 2021 at 09:09
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Proprietor
101 Points Posted on 18 January 2021

Thanks @ CA Rashmi Madam.  Is there any scheme or option where interest can be waived.?

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On 18 January 2021 at 12:09
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Chartered Accountant
86505 Points Posted on 18 January 2021
No amnesty scheme already expired.
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On 18 January 2021 at 12:12

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