Reverse charge
This query is : Resolved
21 March 2015
A firm provided construction services to company. Company paid advance money related to this service. who is liable under reverse charge mechanism?And how much service tax is to be paid?. Kindly tell me in detail.
21 March 2015
The company is liable under reverse charge mechanism to pay service tax at 12.36% on 20%(50% of 40% value on which service tax payable) value of the construction contract.
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