Reverse charge
This query is : Resolved
Amit Nandy
(Querist)
21 February 2014
Please let me know if any service provider charges service tax 12.36% for example security service agency then as a recipient of the said service is there any liability levied to service receiver.
Regards
Amit Nandy
Regards
Amit Nandy
CA Vikas Acharya
(Expert)
21 February 2014
depends the service is of the nature on which reverse charge applicable or not.
according the reverse charge can be told.
as per your example it is under Manpower supply service.
75% of tax amount is the liability of service recipient and 25% is of the provider.
provided must be an individual, huf, aop, etc
and receiver must be a corporate
only then reverse charge applicable otherwise whole amount to be paid by provider
according the reverse charge can be told.
as per your example it is under Manpower supply service.
75% of tax amount is the liability of service recipient and 25% is of the provider.
provided must be an individual, huf, aop, etc
and receiver must be a corporate
only then reverse charge applicable otherwise whole amount to be paid by provider
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