SMALL SERVICE RECEIVERS UNDER REVERSE CHARGE METHOD – CLEAR EXEMPTION IS DESIRABLE – the exemption should be qua sum total of value of taxable services rendered and taxable service received under RCM.

SMALL SERVICE RECEIVERS UNDER REVERSE CHARGE METHOD – CLEAR EXEMPTION IS DESIRABLE – the exemption should be qua sum total of value of taxable services rendered and taxable service received under RCM. https://www.taxtmi.com/article/detailed?id=1905 The article urges a clear exemption for small recipients under the reverse charge method so that where the aggregate taxable value of services rendered and services received by the same person falls below the prescribed threshold, that person is not required to undertake registration and RCM compliance; it recommends aligning notifications and raising the small service exemption limit to reduce disproportionate administrative burdens. en-us Sat, 29 Sep 2012 04:37:38 +0530 Sat, 29 Sep 2012 04:37:38 +0530 TaxTMI RSS Generator SMALL SERVICE RECEIVERS UNDER REVERSE CHARGE METHOD – CLEAR EXEMPTION IS DESIRABLE – the exemption should be qua sum total of value of taxable services rendered and taxable service received under RCM. https://www.taxtmi.com/article/detailed?id=1905 The article urges a clear exemption for small recipients under the reverse charge method so that where the aggregate taxable value of services rendered and services received by the same person falls below the prescribed threshold, that person is not required to undertake registration and RCM compliance; it recommends aligning notifications and raising the small service exemption limit to reduce disproportionate administrative burdens. Articles Service Tax Sat, 29 Sep 2012 04:37:38 +0530 https://www.taxtmi.com/article/detailed?id=1905