The gross receipts of a beauty parlour are Rs 9 lakh and odd. Should service tax be calculated at 10% on the total gross receipts, or at some percentage of the gross receipts?
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ST for beauty parlour - simple query
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service tax will applicable after crossing limit of 10Lac. If in your previous year gross receipt has already crossed than this 9Lakh Gross receipt will be taxable in current financial year.
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