Reverse mechanism system
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 September 2013
Dear All,
Please confirm , whether Reverse Mechanism System (as per service tax notification) is applicable or not for those listed service providers / receivers ,who's yearly taxable turn over / income does not exceeds Rs.10 lakh ?
Example #
if annual income of a legal service providers does not exceeds Rs.5 Lakh & if he has not taken service tax registration then this Reverse Mechanism System rule applicable or not for service receiver.
Regards
S Mullick
Please confirm , whether Reverse Mechanism System (as per service tax notification) is applicable or not for those listed service providers / receivers ,who's yearly taxable turn over / income does not exceeds Rs.10 lakh ?
Example #
if annual income of a legal service providers does not exceeds Rs.5 Lakh & if he has not taken service tax registration then this Reverse Mechanism System rule applicable or not for service receiver.
Regards
S Mullick
23 September 2013
if you mean about individual advocate who is service provider having turnover less than 10 lakhs
.
.
.
in case of receipt of services from advocate every business entity should pay service tax under reverse charge for 100% of service tax on gross amount charged by advocate in his bill/...
.
.
here service receiver means business entity having turnover of more than 10 lakhs
.
.
.
in case of receipt of services from advocate every business entity should pay service tax under reverse charge for 100% of service tax on gross amount charged by advocate in his bill/...
.
.
here service receiver means business entity having turnover of more than 10 lakhs
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