TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Service Tax on Arbitral Tribunals: Exemption for Small Entities; Reverse Charge for Turnover Over Rs. 10 Lakh.</h1> The circular clarifies the applicability of service tax on services provided by arbitral tribunals and their members. Services offered by an arbitral tribunal to non-business entities or business entities with a turnover up to Rs. 10 lakh are exempt from service tax. For business entities with a turnover exceeding Rs. 10 lakh, the service tax is applicable under the reverse charge mechanism, where the service recipient is liable for the tax. The circular emphasizes that services provided by individual arbitrators are included under the term 'arbitral tribunal,' and the service recipient is responsible for the tax liability if they meet the turnover criteria.
TaxTMI 
TaxTMI 
