Services
provided or to be provided by an arbitral tribunal is taxable if such service
provided to a business entity which is located in
the taxable territory and having turnover exceeding
Rs 10 lakh.
Such service is taxable and liability to pay
tax has been cast on the recipient i.e business entity who will pay tax under reverse
mechanism.
However
services provided by an arbitral tribunal were exempted from service tax if
provided to