Service tax submission
Soumick
(Querist) 25 October 2013
This query is : Resolved
Respected Sir
My father is a civil contractor.Now his Tax Lawyer is saying that if he does business with of revenue ,for example ,Rs. 1 itself, service Tax has to be paid to the Govt.Could you please let me know what is the eligibility for this or who has to pay Service Tax to the govt?WHat would be the turn over or amount in this case?
Thanks
Soumick
Rajendra K Goyal
(Expert) 26 October 2013
Have the opinion of another tax consultant or search google.
Soumick
(Querist) 26 October 2013
Dear Experts,
Could you please let me know the Minimum amount from which onwards Service Tax is applicable?
Regards
Soumick
Rajendra K Goyal
(Expert) 28 October 2013
Clause (viii) of Notification no 33 /2012 dated 20-6-12 by Service Tax Department provides that basic exemption of Rs 10 lakhs for payment of service tax is available if “the aggregate value of taxable services rendered by a provider of taxable services from one or more premises, does not exceed Rs ten lakhs rupees in the preceding financial year.”
Read more: Basic Exemption under Service Tax is not basic http://corporatelawreporter.com/2013/05/31/basic-exemption-under-service-tax-is-not-basic/#sthash.2SAIIMHd.dpbs#ixzz2j1b2bNLa
