Reverse charge
This query is : Resolved
25 November 2013
What are the provision of reverse charge mechanism for transport services received?
26 November 2013
For goods transportation service received- reverse charge will be applicable. Service receiver has to pay service tax on 25% amount of amount paid by claiming 75% deduction.
For rent a cab service, service provider needs to pay service tax on 40% of amount paid to service provider.
You can get detail understanding in my article. https://www.caclubindia.com/articles/service-tax-reverse-charge-18466.asp
For rent a cab service, service provider needs to pay service tax on 40% of amount paid to service provider.
You can get detail understanding in my article. https://www.caclubindia.com/articles/service-tax-reverse-charge-18466.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- TAN for Partnership
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- STCG FOR GOLD ETFs
- Specified Profession
- Suggestions required for income tax filing-software (FY 2025-26)
- GST ON DAMAGED GOODS
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Free lancer income
- Long Term Service award taxability in hands of company
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
