banner_ad

Service tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 January 2014 IS 10.00 LAC EXEMPTION APPLICABLE ON RCM ?

A PVT LTD COMPANY (PLASTIC GOODS MANUFACTURING FACTORY) ANNUAL TURNOVER 30.00 CRORE ----RCM IS APPLICABLE ON THE SAID PVT LTD COMPANY ??


AND WHO IS BODY CORPORATE ?


PLEASE GUIDE
Profile Image

Ganeshbabu K

Profile Image

Ganeshbabu K (Expert)
09 January 2014 private limited company and limited company and partnership registered as LLP is body corporate
.
.
note that normal partnership is not a body corporate
Profile Image

Ganeshbabu K

Profile Image

Ganeshbabu K (Expert)
09 January 2014 service receiver cannot avail SSI exemption under RCM
.
.
ex: individual provides manpower supply bill and his total turnover not exceeded 10 lakhs and company who received service also not exceeded 10 laks
.
.
but here service provider can take SSI exemption and dont need to charge anything in invoice
.
.
where as service receiver cannot avail this and mandatorily required to pay its part of service ta which is 25% directly to department
Profile Image

Ganeshbabu K

Profile Image

Ganeshbabu K (Expert)
09 January 2014 Refer below article for more
.
.
http://taxguru.in/service-tax/service-tax-reverse-mechanism-ssi-exemption-benefit.html
Profile Image

Sankar Chakraborty

Profile Image

Sankar Chakraborty (Querist)
09 January 2014 what is the full form of SSI in your reply

please make me understand
Profile Image

Aashok Kumar Sharma online

Profile Image

Aashok Kumar Sharma online (Expert)
24 July 2025 Small Scale Industry (SSI) exemption.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details