Service tax payment of individual on receipt basis if turn over less than 50 lakhs.

[PRAVEEN KUMAR]

I am a proprietor and my turnover in F Y 2015-16 is 70 lac, 42 lakhs from commission, 20 lakhs from renting immovable properties and 8 lakhs from providing hotel accommodation. I have separate service tax registration for each category and paying service tax on payment receipt basis.

My question is can I avail the 50 lakhs benefit of payment of service tax on receipt of payment basis in all type of services separately or consider in single turnover.

Please advise me……

Regards

Praveen

[KASTURI SETHI]

Answer is NO. Not separately allowed.

[Ganeshan Kalyani]

The limit would be considered for all services provided by an assesses under different registration number.

AI Summary

Turnover aggregation rule: payment-basis service tax benefit applies across all services of an assessee, not per registration.
Entitlement to payment of service tax on receipt basis is determined by aggregating the assessee's overall turnover; separate service tax registrations do not permit separate computation of the turnover threshold, and all services provided by the same assessee must be combined to assess eligibility.