service tax exeption limit for SSI , Service Tax

[sandeep navgire]

If i have turn over design service of  below theroshold limit .

 

Doed TDS certificate amout is also included in the amout to calculate the service tax exemption limit for service tax .

Posts / Replies

[R.S. Mangal]

Gross amount includes the amount before TDS for valuation for service tax purpose.

[sandeep navgire]

SERVICE TAX EXEMPTION IS SUM OF CONCETIVE PAYMENT  RECEIVED DOES THAT TO INCLUDE TDS

[R.S. Mangal]

Yes, because TDS is deemed to have been paid by recepient of service.

[Naveed S]

Yes, as said above, the TDS is to be included to arrive at the gross amount for calculation of service tax exemption limit.

As per Section 67, the gross amount charged on the bill shall be the value of taxable services provided the consideration is charged in money and no other consideration is being received in lieu of such money for such services.