TMI Blogservice tax liability under rcm schemeX X X X Extracts X X X X X X X X Extracts X X X X ..... service tax liability under rcm scheme X X X X Extracts X X X X X X X X Extracts X X X X ..... avail the benefit of ssi exemption if the co. provide the man power supply services under the RCM SCHEME? * A company has been registered under service tax and company has not charged service tax in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... invoice. now the turnover exceeds the ssi exemption limit (Ten lakh) so now in this case company would be liable to pay service tax on whole value of turnover or after 10 lakh? Reply By ganeshan kal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... yani: The Reply: Vishnu, The provider of service can avail exemption of SSI if T/O is below ten lakhs. Service is exempted if T/O is below 10lakhs. If T/O exceeds the limit then service tax is appl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... icable of above 10lakh turnover. regards, ganeshan Reply By Rajagopalan Ranganathan: The Reply: If you are a provider of manpower supply service, then you can avail the SSI exemption. SSI exemptio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n is available if your turnover during previous financial year is below 10 lakhs or is not likely to exceed the limit of ₹ 10 lakhs during current financial year. You shall take registration und ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er Finnance Act, 1994 when you turn over exceeds 90% of the limit. X X X X Extracts X X X X X X X X Extracts X X X X
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