TaxTMI 
TaxTMI 
Service tax including or excluding exemption limit
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....ervice tax including or excluding exemption limit<br> Query (Issue) Started By: - Vijay Chitte Dated:- 27-9-2006 Last Reply Date:- 28-9-2006 Service Tax<br>Got 2 Replies<br>Service Tax<br>As per the c....
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....ontract we will raise the bill 10 lacks per month to our cleint as consulatancy charges. As per Notification No. 6/2005-ST up to 4 lacks have been exampted from service tax. My query is, Service tax i....
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....s to be charge on Rs.10 lacks + S.T. or 6 lacks only? (10 lacks-4 lacks + ST), please give your expert views. Reply By Surender Gupta: The Reply: You can avail the exemption under notification no. ....
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....6/2005 only if the turnover of taxable services provided in the previous year does not exceeds Rs. 4 lacks. You have not mentioned this fact in you query. Suppose you turnover was less than rs. 4 lach....
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....s in the previous year, in the current year you may avail the exemption upto rs. 4 lacs and start paying service tax on the value of service above rs. 4 lacs only. Reply By Madhukar N Hiregange: The ....
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....Reply: For being eligible the value of taxable services provided in the previous year should not have been more than 4 L. In the current year the ST is payable after receipt of taxable services worth ....
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....4 lakhs. If no other receipt is there then it is possible that you can take a stand that on 4 lakhs as and when recived you would not be liable to pay and charge ST only on 6 l.<br> Discussion Forum -....
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