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Service Tax Exemption to Small Service Providers - Service TaxExtract Dear All, In FY 2014-15 Taxable value of service is less than ₹ 10 Lakhs and in FY 2015-16 it is ₹ 11.20 Lakhs. Hence in FY 2015-16 service tax is payable on ₹ 1.20 lakhs only. Is this correct? Can you please provide relevant Sections/Rules and Notifications in relation to above. I have received SCN stating that in F Y 2015-16 tax is payable on entire ₹ 11.20 Lakhs instead of ₹ 1.20 lakhs. Also can you please explain how to reply online in respect this matter. Thanking You, Kalpesh
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