Clarification regarding leviability of service tax in respect of services provided by arbitral tribunal

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....tion regarding leviability of service tax in respect of services provided by arbitral tribunal regarding. It has come to the notice of the Board that there is some confusion regarding the legal position with respect to continuance of reverse charge mechanism for services provided by arbitral tribunals and individual arbitrators on the arbitral tribunal, with effect from 01.04,2016. 2.1 Service....

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....l tribunal." 3. The matter has been examined. it may be noted that the services provided or agreed to be provided by an arbitral tribunal to a business entity (turnover exceeding ₹ 10 lakh) located in the taxable territory, is taxable under reverse charge mechanism and recipient of service Is liable to discharge service tax liability [Rule 29(d)(D)(I) of Service Tax Rules, 1994 and No....

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....r purposes of arbitration. The liability to discharge service tax is on the service recipient, if it is a business entity located in the taxable territory with a turnover exceeding rupees ten lakh in the preceding financial year. 5. In view of the above, it is clarified that Service Tax liability for services provided by an arbitral tribunal(including the individual arbitrators of the tribunal) ....