Liability to pay servicetax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 November 2012
we,a firm, have engaged a security services.
The service provider has charged only 25% Service tax.
Who will pay the balance 75%
Are we liable to pay 75%[as service receiver]?
if so, can we claim input credit for 100%?
please explain.
The service provider has charged only 25% Service tax.
Who will pay the balance 75%
Are we liable to pay 75%[as service receiver]?
if so, can we claim input credit for 100%?
please explain.
28 November 2012
1. Partial reverse charge is applicable on security services.
2. In this case, the liability to pay 75% of the service tax liability is on the service recipient.
3. The service recipient can claim CENVAT credit of the 100% of the service tax - 25% on the basis of the invoice and 75% on the basis of the challan.
2. In this case, the liability to pay 75% of the service tax liability is on the service recipient.
3. The service recipient can claim CENVAT credit of the 100% of the service tax - 25% on the basis of the invoice and 75% on the basis of the challan.
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