Applicability of Service tax as per exemption limit, Service Tax

[AMBEESH MARWAH]

1. Whether after exceeding 4 lacs exemption we have to deposit the service tax for the initial 4 lacs also . pl advise 2. The total turnover for the year 31.3.2005 is less than 4 lacs . in the current year also it is likely to be less than 4 lacs . not filed any return or charged any srvice tax . what is the legal remedy for avoiding any penalty/prosecution thanks ambeesh marwah

Posts / Replies

[S Gupta]

1 After exceeding 4 lakh exemption there is no requirement of deposit of service tax for the initial 4 lacks. 2 If you registered with the service tax department, you are advised to submit the half yearly return. 3 If there is any showcause notice, then it is to be seen on merits to avoid the same.

[rishi mohan]

Applicabiliy of service tax takes place after availing exemption limit. There is no need to deposit service tax from the initial level, deposition of service tax can be made after availing exemption limit.