Registeration and Taxability, Service Tax

[VIGNESH]

Sir. 1. in a case where the previous year turnover was below 10 lakhs and for the current year the Rental income crosses 10 lakhs (ie 1. Bill.No.1. ₹ 9,35,000+ Bill.No. 2. ₹ 1,20,000/-) should we charge Service Tax for the last bill of ₹ 1,20,000/- or for an amount exceeding 10.00 lakhs i.e for ₹ 55,000/- alone 2. Registration is done on 30.09 2015 and client have an input service bill with Tax of ₹ 22,000/- dated 31.07.2015, can he claim the service tax portion after he starts filing Service Tax Returns and paying Taxes during the financial year 2015-2016?

AI Summary

Clarification on Service Tax: Charge Only on Income Exceeding 10 Lakhs; No Claim on Pre-Registration Input Bills. A query was raised regarding service tax applicability when rental income exceeds 10 lakhs. Specifically, if service tax should be charged on the entire amount of the last bill or just the amount exceeding 10 lakhs. Additionally, there was a question about claiming service tax from an input service bill dated before registration. The response clarified that service tax should be charged only on the amount exceeding 10 lakhs, i.e., 55,000. It was also stated that claiming the service tax from the input service bill dated before registration is not allowed.