https://www.taxtmi.com/article/detailed?id=6671 The note proposes increasing the service tax exemption threshold for small service providers and extending that exemption to service receivers subject to the reverse charge mechanism, so both suppliers and recipients benefit from threshold relief. It further recommends exempting supplies to large net taxpayers from levy at source and having those large taxpayers pay their full gross tax liability directly, eliminating the need for widespread charging and subsequent CENVAT credit or refund claims and reducing administrative burden and disputes. en-us Wed, 10 Feb 2016 08:07:29 +0530 Wed, 10 Feb 2016 08:07:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6671 The note proposes increasing the service tax exemption threshold for small service providers and extending that exemption to service receivers subject to the reverse charge mechanism, so both suppliers and recipients benefit from threshold relief. It further recommends exempting supplies to large net taxpayers from levy at source and having those large taxpayers pay their full gross tax liability directly, eliminating the need for widespread charging and subsequent CENVAT credit or refund claims and reducing administrative burden and disputes. Articles Service Tax Wed, 10 Feb 2016 08:07:29 +0530 https://www.taxtmi.com/article/detailed?id=6671