Applicability of service tax to rbi
This query is : Resolved
04 October 2012
Dear sir,
If services which are covered under reverse charge provides to RBI, then is RBI liable to pay service tax under reverse charge???
Thanks in advance.
If services which are covered under reverse charge provides to RBI, then is RBI liable to pay service tax under reverse charge???
Thanks in advance.
CA CS Amit S. Kedia
(Expert)
04 October 2012
No, Reverse charge is not applicable to RBI as it is not a body corporate.
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