29 July 2013
Dear Sir/Mam, Is Reverse Charge Mechanism will be applicable if Turnover of Business Entity is less than the Exemption Limit?(For Legal Services provided)
29 July 2013
for service receiver he has to pay service tax for all the reverse charge services and he cannot claim threshold limit of 10 lacs. For service providers the basic exemption is available. https://www.caclubindia.com/experts/service-tax-on-reverse-charge-basci-exemption-1058934.asp
29 July 2013
Can you clarify more, please... Suppose Business Entity is services receiving more than one Advocates and Total Amount is less than 10 lacs, THEN NO NEED TO PAY SERVICE TAX?
29 July 2013
suppose you have received an invoice from individual advocate(please note not firm of advocates or company of advocates)you need to pay 100% service tax under service charge
if suppose such advocate total services provided in previous year not exceeds 10 lakhs then reversecharge not applicable and you dont need to pay service tax under reversecharge