https://www.taxtmi.com/article/detailed?id=6960 The Reverse Charge Mechanism shifts service tax payment liability to persons other than the service provider, typically the service receiver, for specified taxable services and imports; it does not apply to non taxable or exempt services and there is no threshold exemption for RCM liabilities. A defined list of services is subject to full or partial reverse charge. Service receivers liable under RCM must obtain service tax registration and file returns; non payment, failure to register or to file returns attracts interest and penalties under the service tax law. en-us Sat, 03 Sep 2016 08:43:13 +0530 Sat, 03 Sep 2016 08:43:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6960 The Reverse Charge Mechanism shifts service tax payment liability to persons other than the service provider, typically the service receiver, for specified taxable services and imports; it does not apply to non taxable or exempt services and there is no threshold exemption for RCM liabilities. A defined list of services is subject to full or partial reverse charge. Service receivers liable under RCM must obtain service tax registration and file returns; non payment, failure to register or to file returns attracts interest and penalties under the service tax law. Articles Service Tax Sat, 03 Sep 2016 08:43:13 +0530 https://www.taxtmi.com/article/detailed?id=6960