Applicability of rcm-small service provider

Jyothis (Article) (1127 Points)

17 March 2016  

When a business is liable to pay reverse charge on service received

1)-Whether all business entities liable to pay service tax on reverse basis (In case of applicable service)

Or

2)- only those business entities(Service receiver) Turn over exceeds Rs.10 lakhs liable to pay Service tax on reverse charge basis.