TaxTMI 
TaxTMI 
Kindly explain the eligibility for availing exemption for Rs. 10 lakhs per financial year for the Service Tax
service tax
30 Mar 2011 
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Service tax exemption for small providers applies until taxable services exceed the registration threshold, measured per assessee.
Eligibility for the service tax exemption depends on the aggregate value of taxable services: exemption applies where taxable services do not exceed the specified ceiling and registration is required once the value exceeds the registration threshold. Taxable-services value equals gross value of all services less non-taxable services and services exempted by notification. The exemption is applied per assessee and not division-wise or office-wise. (AI Summary)
Eligibility for the service tax exemption depends on the aggregate value of taxable services: exemption applies where taxable services do not exceed the specified ceiling and registration is required once the value exceeds the registration threshold. Taxable-services value equals gross value of all services less non-taxable services and services exempted by notification. The exemption is applied per assessee and not division-wise or office-wise. (AI Summary)