Value of Services less than 9 Lakh

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  1. Thomas Jude

    Thomas Jude New Member

    I would like to know if the Value of Services rendered in a financial year is less than Rs. 9 Lakh p.a. how can a Unit give service tax included bill to the customer if customer demanding so. As per the rule the Service Tax Registration is optional for such a Unit . Also please let me know if the rule allows such a Unit to collect service tax without TIN number.
  2. rudrabose

    rudrabose Active Member

    Dear Thomas

    Simply mention service tax rate @ 12.36% on your invoice and also mention the amt to be paid as service tax.

    Once you have recvd this amt, deposit this amt with the govt.
  3. rudrabose

    rudrabose Active Member

    However, please note that once you start charging service tax from any client, you wld be required to collect service tax from all the clients.
  4. If your turnover in a financial year is less than Rs.9 Lakhs, you need not to charge service tax. However, by option, you can charge service tax and include in the invoice for your customers. But you need to register under service tax for doing that. You also need to pay the service tax to the government.
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