Liaility of service tax in reverse charge
This query is : Resolved
30 January 2013
DEAR SIR,
THE SERVICE PROVIDER IS INDIVIDUAL PROVIDING MANPOWER SERVICE TO TRUST. (REGISTERED) IN THIS CASE WHAT WILL BE THE LIABILITY OF SERVICE TAX? WHETHER 25% WILL BE PAID BY THE SERVICE PROVIDER? AND 75% WILL BE PAID BY THE TRUST? OR FULLY 12.36% WILL BE PAID BY AND CHARGED IN THE INVOICE BY THE SERVICE PROVIDER? PLEASE GUIDE ME. THANKS IN ADVANCE.
THE SERVICE PROVIDER IS INDIVIDUAL PROVIDING MANPOWER SERVICE TO TRUST. (REGISTERED) IN THIS CASE WHAT WILL BE THE LIABILITY OF SERVICE TAX? WHETHER 25% WILL BE PAID BY THE SERVICE PROVIDER? AND 75% WILL BE PAID BY THE TRUST? OR FULLY 12.36% WILL BE PAID BY AND CHARGED IN THE INVOICE BY THE SERVICE PROVIDER? PLEASE GUIDE ME. THANKS IN ADVANCE.
30 January 2013
In the above transaction there is no reverse charge transaction and the service provider has to collect 100% in his invoice
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30 January 2013
Thanks sir, it is due to not applicable for the BOI or trust not registered under the company act henceforth the reverse charge macanizum is not applicable to the trust. Is is correct?
30 January 2013
YES as it is a not a company in the above transaction
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