What is limit when i covered under service tax liability

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what is limit when i liabile to pay service tax on turnover basis, whether i liable to pay retrosectively if yes then when its begun as from january 2014 i cross my turnover from april 2014 to dec 2014 is 9 lakh

Replies (2)

Dear Sir,

Limit is 10 Lakh for the first time.

you have to register yourself when you have Crossed 9 lakh of turnover as you said.

No retrospective payment of service tax.

when you Charge your customer/earn from customer, you must pay the service tax.

Service tax to be paid 5th of every subsequent month (6th in case of e - filling) using GAR 7 form in Nationalized Banks.

Calculate yourself for the servic tax collected As 12% Service Tax =1200

2%  Education Cess onservice Amt (1200*2%) = 24

1% of secondary Edu Cess on Service Amt (1200*1%)  = 12 

Total =  Rs.1236/- (12.36%)

These Three should eb deposited under Seperate Accounting code as Specified.

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