Reverse charge
This query is : Resolved
nitin kataria
(Querist)
12 June 2015
A authorised dealer provide service of Repair & maintenance of vehicle . Service provider is a firm and service receiver is a Company. In this situation Reverse charge liability occure on the Service Receiver.
shubham shukla
(Expert)
12 June 2015
Repair & maintenance of vehicle will be treated as work contract and service tax will be 14%(w.e.f. from 1st June,2015 & before 1st June rate 12.36% will be applicable) of 70% of amount charged & in your case you have to pay 50% of service tax under RCM.
Regards,
Shubham
Regards,
Shubham
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