Registration of Service tax -Criteria

[Anil Kumar]

Dear Sir,

We would like to know the criteria of service tax registration, what is the turn over limit to register is it above ₹ 10laks turn over or more?.

Our company is been doing metalising and stacking of finished products in boxes and sealing for a company, now last year turnover has crossed to ₹ 10Lakhs i.e. year 2014-15.

regards

aneel Kumar M

AI Summary

Service tax registration threshold: mandatory registration above threshold; small scale exemption and reverse charge treatment differ for provider and recipient.
Registration for service tax is required when an assessee's taxable turnover in a financial year exceeds the notified threshold; if turnover falls below the threshold in a later year the assessee may avail small scale exemption, surrender registration and reapply when needed. Under reverse charge mechanisms the service provider may claim threshold exemption for registration, but the recipient liable to pay tax under reverse charge may not claim that threshold benefit under the statute and rules.