Reverse charge
Querist : Anonymous
For procuring those online journals / subscriptions the institute is paying to foreign vendor’s amount in foreign currency.
Now my question is whether service tax will be applicable under the reverse charge.
you are liable to pay service tax on reverse charge basis, there is no exemption available to such organisation under reverse charge mechanism.
Querist : Anonymous
(a) Such taxable services are received by a recipient located in India
(b) Such taxable services are for use in relation to business or commerce.
And in this case the above said is used for education
It is exempt only if it is availed for personal purpose and that too by an individual.
In your case, it is an educational institution. Accordingly, you are liable for ST.
Querist : Anonymous
https://www.servicetax.gov.in/st-proc-home.htm
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