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?
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
(Expert)
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
Thanks & regards
Ganesh babu k
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