https://www.taxtmi.com/forum/issue?id=1090 Applicability of service tax for professionals turns on a turnover-based exemption measured by receipts in the immediately preceding financial year. If the preceding year's receipts did not exceed the exemption threshold, the professional need not charge or remit service tax at the start of the current year. If current year receipts exceed the threshold, tax is payable only on the excess for that year, and after breaching the threshold the professional must charge and remit service tax from the first rupee in the next year. en-us Fri, 10 Apr 2009 18:46:27 +0530 Thu, 23 Jan 2025 15:58:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1090 Applicability of service tax for professionals turns on a turnover-based exemption measured by receipts in the immediately preceding financial year. If the preceding year's receipts did not exceed the exemption threshold, the professional need not charge or remit service tax at the start of the current year. If current year receipts exceed the threshold, tax is payable only on the excess for that year, and after breaching the threshold the professional must charge and remit service tax from the first rupee in the next year. Discussion-Forum Service Tax Fri, 10 Apr 2009 18:46:27 +0530 https://www.taxtmi.com/forum/issue?id=1090