Applicability of reverse charge to co- operative banks

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 June 2013 Hello,
I am confused about applicability of Reverse Charge to Co- operative banks. co-operative banks being AOP are not Body corporate, but falls under definition of Business entity.So please let me know if provisions of Reverse charge are applicable to these banks?

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

16 June 2013 reverse charge not applicable to co-operative banks where service receiver is liable if he is "business entity registered as body corporate"

Thanks & regards
Ganesh babu k