Service tax on security services

This query is : Resolved 

15 August 2012

If individual (Proprietor) is rendering purely security services (not manpower supply) to Private limited company. What is the liability of company to pay service tax.
1) Is it 100% or 2) 75% (ie 25% provider & 75% to reciepient).

Amol S Joglekar (Expert)
15 August 2012

Under reverse charge mechanism, second proposition is correct. The company need not bother about the service provider's tax liability. (After all, the company is going to deduct this amount fomr the bill of service provider. Right?)

Mrs. N Jain (Expert)
15 August 2012

It is 75% as per notification 30/2012 as amended by 45/2012 dated 7/8/2012

You need to be the querist or approved CAclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

× Online Coaching My Enrolled Courses
Articles Forum News Experts Exams Share Files Income Tax Accounts Career Corporate Law Service Tax Video Judgements Rewards Top Members Events Albums Find Friends Featured Feed Scorecard Bookmarks Mock Test Poll Notification Knowledge Finder Coaching Institutes Trainee Corner Jobs
close x
Download GST App    |    x