Service tax notification no. 45/2012
This query is : Resolved
Tejas Shah
(Querist)
11 August 2012
My query regarding the notification is can a director can claim for exemption of Rs. 10,00,000 and thus there can be no liability of Company to pay service tax on its service.
CA Navin Jain
(Expert)
11 August 2012
yes, exemption limit is available for service provider in all case.
CA PRAVEEN SINGH
(Expert)
11 August 2012
YES....AGREE WITH ABOVE.
Tejas Shah
(Querist)
12 August 2012
Dear Sir
As per Reverse Charge Mechanism applicable on the salary of Directors the exemption limit of Rs. 10,00,000 in service tax still be available to the director ?
As per Reverse Charge Mechanism applicable on the salary of Directors the exemption limit of Rs. 10,00,000 in service tax still be available to the director ?
12 August 2012
Under the reverse charge method company is paying service tax and threshold exemption limit is not available for services taxable under reverse charge. As a corollary, question of exemption of Rs. 10 lakhs in the hands of the director doesn't arise.
Message likes :
1 times
Tejas Shah
(Querist)
12 August 2012
Mr. B. Chackrapani Warrier
I thank u Sir for your expert opinion.
As per interpretation of the notification above each and every company has to take service tax registration number who is liable to pay service tax under reverse charge method . What is your advise ?
I thank u Sir for your expert opinion.
As per interpretation of the notification above each and every company has to take service tax registration number who is liable to pay service tax under reverse charge method . What is your advise ?
12 August 2012
I also observe so.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- EPF ECR NEW FILE SEP 17TH 2026
- Capital Gail Exemption Certificate
- Oct 2025 Invoices
- Import of Software Service.
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Capitalgain tax purposes for valuation report compulsory
- GST on Renting godown to KFCSC for Storage of Raagi
- GST Audit whether Govt Companies are exempt?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
