Reg reverse charge mechanism

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 January 2016 May Quires is :

1, Reverse Charge Mechanism is applicable to Individual who is receiving Works Contract Service from the many other Individuals...?

2, Individual receiver liable to pay Service Tax on the Service Received ?

3, RCM only apply to Body Corporates and Body Corporates means only Company or its include LLP?

Thanks...for Experts..

Ganeshbabu K

Ganeshbabu K (Expert)

27 January 2016 1)RCM not applicable if individual is service receiver
2)yes incase of advocate service and gta service received
3)body corporate includes PVTLTD CO.,LTD CO., AND LLP(Yes it includes LLP)

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)

27 January 2016 For 1. Service provider can charge 100%.
2. Certain services Individual Receiver has to pay Such as Legal Services
3.Body Corporates means Company and not LLP

Querist : Anonymous

Querist : Anonymous (Querist)

27 January 2016 Thanks for your reply...........but confusion about LLP....

Ganeshbabu K

Ganeshbabu K (Expert)

28 January 2016 LLP is body corporate and reverse charge applies.

Mr.kaviraj how can you say LLP is not a body corporate.Kindly refer LLP act which says it is bodycorporate.

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