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Reverse charge mechanisum

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 November 2014 Dear sir,
is the reverse charge mechanism applicable on banking financial services.

is any provision amended relating to financial services?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 November 2014 No provision amended relating to financial services. Reverse charge mechanism is applicable in the following case at 100%.

Provided by person who is located in non-taxable territory and received by any person located in taxable territory (In case of foreign services and services from J&K)
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Rupesh Jain

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Rupesh Jain (Expert)
26 November 2014 no provision for financial services .



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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
01 December 2014 agreed with seetharam.........................

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