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Service tax


07 January 2014 IS 10.00 LAC EXEMPTION APPLICABLE ON RCM ?

A PVT LTD COMPANY (PLASTIC GOODS MANUFACTURING FACTORY) ANNUAL TURNOVER 30.00 CRORE ----RCM IS APPLICABLE ON THE SAID PVT LTD COMPANY ??


AND WHO IS BODY CORPORATE ?


PLEASE GUIDE

09 January 2014 private limited company and limited company and partnership registered as LLP is body corporate
.
.
note that normal partnership is not a body corporate

09 January 2014 service receiver cannot avail SSI exemption under RCM
.
.
ex: individual provides manpower supply bill and his total turnover not exceeded 10 lakhs and company who received service also not exceeded 10 laks
.
.
but here service provider can take SSI exemption and dont need to charge anything in invoice
.
.
where as service receiver cannot avail this and mandatorily required to pay its part of service ta which is 25% directly to department


09 January 2014 Refer below article for more
.
.
http://taxguru.in/service-tax/service-tax-reverse-mechanism-ssi-exemption-benefit.html

09 January 2014 what is the full form of SSI in your reply

please make me understand



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