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If turnover of Business Entity is upto 10 lacs in the last year

Service is exempt as per Mega Exemption Notification

If turnover of Business Entity is > 10 lacs in the last year

In this case,Reverse charge is applicable

Business Entity has to pay Service tax under Reverse charge

Note:-
Same is applicable in case of both
Service Provided by Arbitrary Tribunal to Business Entity and Service Provided by Individual Members of Arbitrary Tribunal to Business Entity

[Circular No.193/3/2016 ST dated 18.05.2016]

  1. Indirect Tax
  2. Amendments Indirect Tax for May 2017 Exams
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CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 6 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
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