reverse charge
This query is : Resolved
04 September 2007
Can you please enlighten me a bit on
reverse charge that a input service receiver has to pay on behalf of overseas service provider
reverse charge that a input service receiver has to pay on behalf of overseas service provider
04 September 2007
If a service is provided by overseas service provider and the service is received in India by the recipient, then the service will be treated as if the recipient has himself provided the service in India and thus the usual service tax provisions will accordingly apply.
Only exception to this rule is where a person receives services for personal purposes and not for any business or commercial purposes.
Only exception to this rule is where a person receives services for personal purposes and not for any business or commercial purposes.
05 September 2007
Reverse charge is making the service receiver liable to discharge service tax liability. This is in case of services received from outside India in India for use in business or commerce. Futher, Goods transport agencies (GTA), if the transporter is not registered then the consignee or the person making payment is liable to service tax.
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
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Pass word to open justification report for Q1 for FY 2026-27
- Under construction property in ITR
- Gift of mutual fund units to daughter
- PPF interest-As Exempt Income disclosure
- Not able to file ITR
- Reporting of STCG on Property in ITR
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- New Garden in Place of Old Garden
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
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
