Sir,
I have a Partnership firm in Tirunelveli, Tamil nadu. During the FY 2010-11, I crossed the turn over of 10 lakhs and I obtained the Service tax registration. I had collected and remitted the Service tax portion in time to Govt. My question is, shall I collect the Service Tax from my clients from Rs.1.00 to Rs.10 laksh for the FY 2011-12 or I need to collect the Service Tax only for the amount above Rs.10 Lakhs.
Is it true, that once a firm or individual obtains a ST Code, he is liable to pay Service tax, what sover the amount may be (Off course above ten lakhs) the turn over ?
Please somebody clarify.
Joice Jacob,
9442155693
