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Neha Goyal (Querist)

26 October 2014 hello...cn anyone help me in cnfusion regarding inclusion of service provided under full reverse charge mechanism while calculating limit of 10 lakhs for previous year as well as current year.....??? whether I should include it or nt during calculation of limit of 10 lakhs...??

Annu Agarwal

Annu Agarwal (Expert)

27 October 2014 As per my view for the purpose of calculating the limit of 10,00,000,turnover on which service tax is payable 100% under reverse charge shall also be included.
Notification no.33/2012 which defines aggregate value can be refered for same.

RAJAT

RAJAT (Expert)

30 October 2014 You pay service tax under reverse charge mechanism on the services you 'RECEIVED'. Logically they can never be the part of the services you 'PROVIDED'. when you calculate the 10 lakh turnover limit you take the taxable services you provided. So amount on which you paid service tax under reverse charge will not be included for calculating the limit.

Thanks

Annu Agarwal

Annu Agarwal (Expert)

30 October 2014 Well if i am not wrong,Ms Neha is asking regarding services provided by a person on which service tax is paid under reverse charge by service receiver.The service provider has to consider such services provided while calculating the aggregate limit of 10,00,000.I have answered from point of view of service provider.

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