Reverse charge
This query is : Resolved
sunit gupta
(Querist)
19 March 2014
can any one explain the concept of reverse service tax ...
19 March 2014
1. The normal concept in service tax is that the service provider is liable to:
(a) Get registered,
(b) Charge service tax in his invoice
(c) Deposit service tax with the Govt
(d) File service tax return
2. Under reverse charge the liability is shifted from the service provider to the service recipient.
The service recipient has to comply with all the requirements:
(a) Get registered,
(b) Deposit service tax with the Govt on his own
(c) File service tax return
(a) Get registered,
(b) Charge service tax in his invoice
(c) Deposit service tax with the Govt
(d) File service tax return
2. Under reverse charge the liability is shifted from the service provider to the service recipient.
The service recipient has to comply with all the requirements:
(a) Get registered,
(b) Deposit service tax with the Govt on his own
(c) File service tax return
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Tax on Amount transferred in HUF Account
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
