Please Help: Service Tax Exemption Limit Calculation
Posted Date : 17-Jun-2013 , 03:55:56 pm | Posted By sandeep kumar
How to Calculate aggregate Value of services for service provider in case of partial reverse charge for claiming exemption 10 Lakh
Category : Service Tax | Answers : 0 | Comments : 2 | Hits : 313
Answers
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CA.Raman Mutneja
18-Jun-2013 , 02:29:41 pmAmount paid under reverse charges shall not be considered for service reciver but should be consider for provider.
sandeep kumar
18-Jun-2013 , 02:57:14 pmWhat amount should be considered full amount of partial amount.. for eg. service of Rs. 100 out of which service tax on Rs. 75 will be paid by service receiver and on Rs. 25 paid by service provider. Now what amount of service will considered for calculation of exemption limit of Rs 10 lac for service Provider Rs 100 or Rs 25..