Service tax on receipt basis

1) In relation to manpower supply service provided by individual, huf, partnership firm to body corporate , Service receiver is required to pay 100% service tax as per ammnedment by Finance Act 2015.

2) In relation to service provided in work Contract 50 % each is to be paid by SR and SP.

3) As mentioned in your query that services provided in previous FY does not exceed 50 lakhs, service provider can pay Service Tax on Payment Basis.

I hope it solves your query.