21 December 2012
Under the Reverse Charging Mechanism for Service Tax, For Works Contract Services the Service provider and Service receiver have to pay Service Tax in the Ration of 50:50.
My Query is: Whether a Sole Proprietor Providing Service to the Company registered under the Companies Act 1956 have to pay 50% of the ST when his Total turnover does not exceed 10 Lakhs.
CAclubindia
