TaxTMI 
TaxTMI 
RCM NOTFICATION 30/2012
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....CM NOTFICATION 30/2012<br> Query (Issue) Started By: - MITSUI PRIME Dated:- 16-10-2013 Last Reply Date:- 21-10-2013 Service Tax<br>Got 3 Replies<br>Service Tax<br>Dear Sir, our vendor turnover not exceed limit of service tax area but as per circular we will full-fill our liability at the rate of 75 percent under Manpower Service who is not company under company Act 1956. Pl. advice to us servic....
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....e provider means vendor not covered under service tax area ceiling limit so in such case we will full fill our liability part 75 percent of gross amount under Manpower service pl. provide your good advice. Thanks & Regards Arjun Sachdeva Mitsui Prime Advanced , Neemrana Reply By Brijesh Verma: The Reply: Dear Arjun While taking a look at the RCM notification 30/2012, you need to disregard ....
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....the concept of threshold limit of Rs. 10 lacs. Even if your vendor is below that limit but his services are covered under RCM, then your part of tax liability will have to be discharged. Reply By Pradeep Khatri: The Reply: Under RCM, the Service Recipient cannot avail the benefit of threshold limit. Service Provider can avail such benefit. Reply By MANDAVILLI RAMAKRISHNA: The Reply: whether ....
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....you are paying commission to the supplier or paying total wages for the man power employed to you. if total wages for the man power is paid to your vendor, you will be liable for the total service value ofcourse, after deducting reimbursement of expenses. you have to bear your part of service tax under RCM irrespective of the fact that the vendor is under the ceiling limit. how ever, you can cla....
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....im reimbursement expenditure from the total service value like: food, residence, uniform cost etc.,<br> Discussion Forum - Knowledge Sharing ....