TaxTMI 
TaxTMI 
Exemption limit - Two services under same business
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....xemption limit - Two services under same business<br> Query (Issue) Started By: - Satish Goyal Dated:- 4-9-2007 Last Reply Date:- 13-9-2007 Service Tax<br>Got 2 Replies<br>Service Tax<br>In case of re....
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....nting service, initial limit of Rs. 8.00 is available. What would happen if the assessee is providing another taxable service under his business totalling to Rs. 8.00 lacs plus. Reply By Madhukar N H....
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....iregange: The Reply: If in the previous year his taxable servcies had not exceeded 8 lakhs ( not considering rent) Then he would be admissible for the frist 8 lakhs of receipts of taxable sercvies. On....
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.... the balance he would have to pay. Reply By Venkatesh.p Venkatesh: The Reply: As per the notification 6/2005 dated 01.03.2005 and subsequently amended, the clause (vii) of ( 2) states as follows. " ex....
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....emption under this notifcation shall apply to the aggregate value of all such services and from all such premises and not seperately for each premises or each services ". Therefore even if one service....
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.... exceeds R. 8.00 lakhs, then service tax has to be paid right from one rupee for the another service. I hope this is correct, the viewers may submit their views.<br> Discussion Forum - Knowledge Shari....
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