https://www.taxtmi.com/forum/issue?id=5564 The basic exemption limit may be availed for renting of immovable property supplied by the person, but the basic exemption cannot be applied to Goods Transport Agency services received under the reverse charge mechanism because no exemption is available to the service recipient for inward supplies charged under reverse charge. en-us Fri, 12 Apr 2013 16:23:50 +0530 Thu, 23 Jan 2025 15:57:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5564 The basic exemption limit may be availed for renting of immovable property supplied by the person, but the basic exemption cannot be applied to Goods Transport Agency services received under the reverse charge mechanism because no exemption is available to the service recipient for inward supplies charged under reverse charge. Discussion-Forum Service Tax Fri, 12 Apr 2013 16:23:50 +0530 https://www.taxtmi.com/forum/issue?id=5564