https://www.taxtmi.com/forum/issue?id=3593 The threshold exemption is available in the first year of operation; service tax is payable only on billings exceeding the threshold in that year, while from the next year tax must be charged from the start. The exemption is determined on the gross amount and is not reduced by abatement. en-us Thu, 24 Nov 2011 20:25:43 +0530 Thu, 23 Jan 2025 15:58:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3593 The threshold exemption is available in the first year of operation; service tax is payable only on billings exceeding the threshold in that year, while from the next year tax must be charged from the start. The exemption is determined on the gross amount and is not reduced by abatement. Discussion-Forum Service Tax Thu, 24 Nov 2011 20:25:43 +0530 https://www.taxtmi.com/forum/issue?id=3593