19 February 2017
In respect payments made to non residents and TDs is grossed up. On what value is Service tax to be levied under reverse charge mechanism.
I.e Before grossed up value or after grossed up value. Clarify with any notification or circular.
19 February 2017
Service tax has to be charged before grossed up value. See the link. http://www.taxindiaonline.com/RC2/inside2.php3?filename=bnews_detail.php3&newsid=26576
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