Declared services

This query is : Resolved 

23 September 2012 DEAR ALL,
WE WOULD LIKE TO KNOW THAT IS EXEMPTION LIMIT OF RS. 10 LACS IS AVAILABLE TO DELCARED SERVICES WITH EFFECT FROM 01.07.2012 . FOR EXAMPLE FOR SERVICE PORTION IN WORKS CONTRACT SERVICES OR SERVICE PORTION ON FOOD SERVED IN RESTAURENTS.

REGARDS,

GAURAV G BADWE

23 September 2012 Yes Exemption limit is there but reverse charge mechanism works irrespective of the Small Service Provider Exemption of Rs. 10 lakhs ( For Service Receipient)



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