Registration under service tax

[MANOHAR KALBURGI]

Dear Sir,

My doubt is like this

Where service tax payable is opted on receipt basis as per 3rd proviso of the (ii)(1) 6 and for checking the registration criteria is also on receipt basis checked or accrual basis?

Eg: during the year actual receipt is ₹ 7,50,000/- and accrual basis say 12,00,000/- since i am paying service tax on receipt basis hence my T/o is below the prescribed limit for registration under Service Tax. Or should I liable for registration on accrual basis T/o which is > 10 lacs as stated above?

It is urgent please provide your valuable opinion.

Thank You in advance

AI Summary

Turnover threshold for service tax registration is assessed on accrual basis; receipt basis governs only tax payment timing.
Registration for service tax is determined by turnover/aggregate value measured by value charged in the first consecutive invoices issued in the financial year (an accrual/invoice basis), and the option to pay tax on a receipt basis pertains only to timing of tax payment, not to the basis for registration.