Reverse charge mech.
This query is : Resolved
MANOJ KUMAR SHARMA
(Querist)
12 October 2012
IN case if service provider and recepeint are under the limit of service tax then service recepeint is liable for paying the tax ?
MOHAMMAD SALIM
(Expert)
12 October 2012
No limit of taxaxble turnover is there in case payment of service tax under reverse charge mechanism. Thus even if payment of Rs 100 is paid service tax will be required to be paid even if the taxaxble services turnover of service provider as well as recipient is less than Rs 10 lacs.
Hope this would resolve the issue...
Hope this would resolve the issue...
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