TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All TMI Notes
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
11 - Small Service Providers - Value Based Exemption up to 10 lakhs
No. Small service provider exemption under notification 33/2012 dated 20-6-2012 is not available to persons who are liable to pay service tax as a service receiver i.e .those who are covered in partial or full reverse charge mechanism.
As per notification, this notification is not applicable for such value of taxable services in respect of which service tax shall be paid by such person and in such manner as specified under sub-section (2) of section 68 of the said Finance Act read with Service Tax Rules,1994.
Reverse charge excludes recipients from small service provider exemption when they are liable to pay service tax. The Small service provider exemption does not extend to persons liable to pay service tax as service recipients under the Reverse Charge Mechanism; values of taxable services for which tax is payable by such person under sub-section (2) of section 68 read with the Service Tax Rules are excluded from the notification's exemption. of Press 'Enter' after typing page number.
TaxTMI 
