Small service provider

2703 views 3 replies

Dear Friends,

 

Can anyone tel me Who is called as  Small Service Provider.?

What is the exemption limit for such Small Service Provider..?

Replies (3)

.

TURNOVER IS LESS THAN 10 LAKH FOR A FINANCIAL YEAR.

.

A small service provider is a service provider whose value of taxable services in the preseding year was less than threshold limit, presently at Rs. 10 lakhs.

 

 

Service provider is a person providing an output service to some person taxable under service tax law. Taxable service has been defined in the law for all the services taxable.

A small service provider is a service provider whose value of taxable services in the preseding year was less than threshold limit, presently at Rs. 10 lakhs. (w.e.f 1.5.2008)

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