Payment of service tax

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  1. Umanisha

    Umanisha New Member

    The registrant is required to pay service tax only in case it exceeds the limit of 10 lakh in previous year. But registrant will not charge service tax from the end user till it exceeds the limit of 10 lakh. So in case it exceeds by the end of the year or in mid year, the registrant will have to pay tax out of his own pocket. Please explain the scenario. And also it may happen that it exceeds turn over of 10 lakh in one year but not the next year, in such case also it has to pay service tax every year?
    Rajakumar likes this.
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