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Applicability of service tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 June 2016 One of my friend is transporter of goods having Rs.40 lakh turnover as per reverse charge mechanism whether he is liable for registration or not.
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Rupesh Jain

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Rupesh Jain (Expert)
28 June 2016 under RCM you have to liable to pay the service tax, there is no exempt limit under the law
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Querist : Anonymous

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Querist : Anonymous (Querist)
28 June 2016 I just want to know as turnover is more than 10lakh that is why it is taxable if less than 10 lakh then not taxable
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Rupesh Jain

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Rupesh Jain (Expert)
28 June 2016 sir for RCM there is no limit specified . even on Rs. 1 you have to pay the service tax.

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