Applicability of Service tax as per exemption limit

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..... Applicability of Service tax as per exemption limit
Query (Issue) Started By: - AMBEESH MARWAH Dated:- 21-12-2005 Last Reply Date:- 5-2-2011 Service Tax
Got 2 Replies
Service Tax
1. Wheth .....

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..... er after exceeding 4 lacs exemption we have to deposit the service tax for the initial 4 lacs also . pl advise 2. The total turnover for the year 31.3.2005 is less than 4 lacs . in the current year al .....

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..... so it is likely to be less than 4 lacs . not filed any return or charged any srvice tax . what is the legal remedy for avoiding any penalty/prosecution thanks ambeesh marwah Reply By S Gupta: The Rep .....

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..... ly: 1 After exceeding 4 lakh exemption there is no requirement of deposit of service tax for the initial 4 lacks. 2 If you registered with the service tax department, you are advised to submit the ha .....

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..... lf yearly return. 3 If there is any showcause notice, then it is to be seen on merits to avoid the same. Reply By rishi mohan: The Reply: Applicabiliy of service tax takes place after availing exemp .....

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..... tion limit. There is no need to deposit service tax from the initial level, deposition of service tax can be made after availing exemption limit.
Discussion Forum - Knowledge Sharing .....

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