Under reverse charge system exemption is available if value of service does not exceed —

CS Executive · Tax Laws and Practice · PYQS · December 2014
Under reverse charge system exemption is available if value of service does not exceed —
(A) ₹9 lakh
(B) ₹1 lakh
(C) ₹10 lakh
(D) No such exemption.

Answer & Explanation:

Correct Answer: Option (D)

Correct answer: (D) No such exemption.. This answer applies to the historical law and assessment-year context of this December 2014 paper; later amendments may differ.

Topics: Service Tax

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