17 October 2013
My question is If I give a contract to a labour for furniture its including labour and material. Does this come under reverse mechanisam ? If so then how will I claim the credit of Service Tax paid by me as I do not undertake any business to take setoff. Also, Is there any threshold limit upto which I do not have to pay Service Tax in this case ,as in the case of Registration it is 9lakhs(till 9 Lakhs there is no need to take Service Tax number)
17 October 2013
If you are an individual and not carrying of any business of Turnover is more than Rs.10 lakhs, you would not be liable for service tax. For more further discussion you may send PM giving more details .
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