Point no. 1 If Partnership company received service from Individual then Service tax liable for Partnership company to Pay 75% (9.27%) of Bill amount of Individual?
Point no. 2 If Pvt. Ltd. company received service from Individual then Service tax liable for Pvt. Ltd. company to Pay 75% (9.27%) of Bill amount of Individual?
point 1 i am talking about software service, translation service except man power. and individual not liable for Service tax bcz in turnover less then 10 lakh.
Point no. 2 Company received service from Individual and his turnover less then 10 lakh.
28 November 2012
Software Services is declared service under clause d of section 66E.
In this case, basic exemption limit of Rs.10.00 lacs is available to individuals. Hence even though service receiver is company or partnership firm , there is no liability for payment of service tax. this service does not fall under reverse charge mechanism.
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