Understanding Reverse Charge Mechanism in Service Tax

CA Priyanka Srivastava , Last updated: 11 May 2013 Share Follow on Google News

Service tax is anindirect taxlevied by service provider on the service recipient. The service provider collects service tax on bills raised on the service recipient and deposits it into the Government account. Hence the liability to pay service tax falls on service provider u/s 68(1). However the

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About the Author

CA Priyanka Srivastava

Chartered Accountant

CA Priyanka Srivastava is a Member of Institute of Chartered Accountants of India. She has worked in both corporate as well as private sectors. She deals with various aspects and issues of taxation, accounts and statutory compliance matters. Her expertise lies in taxation and business startup consultancy. She has vast ... Read more

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