https://www.taxtmi.com/forum/issue?id=107982 Service tax threshold exemption is a de minimis turnover limit that triggers registration and tax liability when exceeded. If turnover in a financial year surpasses the exemption, the provider must register and pay service tax on the amount exceeding the exemption in that year. Where excess turnover is attributable to a previous financial year, registration and tax obligations may arise in the succeeding year; therefore the applicable accounting year determines the timing of registration and the taxable base. en-us Mon, 09 Feb 2015 13:33:12 +0530 Thu, 23 Jan 2025 15:57:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107982 Service tax threshold exemption is a de minimis turnover limit that triggers registration and tax liability when exceeded. If turnover in a financial year surpasses the exemption, the provider must register and pay service tax on the amount exceeding the exemption in that year. Where excess turnover is attributable to a previous financial year, registration and tax obligations may arise in the succeeding year; therefore the applicable accounting year determines the timing of registration and the taxable base. Discussion-Forum Service Tax Mon, 09 Feb 2015 13:33:12 +0530 https://www.taxtmi.com/forum/issue?id=107982