https://www.taxtmi.com/forum/issue?id=80 Availability of the threshold exemption depends on previous-year taxable receipts: if the business did not exist or had nil receipts in the prior year, the exemption may be claimed. When a new service is added, prior-year turnover of all services (new and old) is aggregated to determine exemption entitlement. If a service is taxable for the first time in the current year, its prior-year receipts are considered for the threshold calculation. en-us Wed, 01 Feb 2006 13:07:41 +0530 Thu, 23 Jan 2025 15:59:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=80 Availability of the threshold exemption depends on previous-year taxable receipts: if the business did not exist or had nil receipts in the prior year, the exemption may be claimed. When a new service is added, prior-year turnover of all services (new and old) is aggregated to determine exemption entitlement. If a service is taxable for the first time in the current year, its prior-year receipts are considered for the threshold calculation. Discussion-Forum Service Tax Wed, 01 Feb 2006 13:07:41 +0530 https://www.taxtmi.com/forum/issue?id=80