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Aggregate Turnover for 33/2012 ST - Service TaxExtract Sir, As per NN 33/2012 ST (SSI Notification) taxable services to an extent of ₹ 10 Lakhs is exempted from Service Tax. As per NN 26/2012 ST (Abatement Notification) also exempts Service Tax over and above the percentage mentioned there in. For example Services of GTA is taxable to an extent of 30% and remaining is exempted. NN 26/2012 clearly exempts 70% of the gross receipts. The query now is if GTA gross receipts is say ₹ 30 Lakhs who is liable for forward charge alone, whether whole amount is considered as aggregate turnover for NN 33/2012 or only ₹ 9 Lakhs (30% of ₹ 30 Lakhs) is considered as aggregate turnover for NN 33/2012 .
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