Reverse charge machanism
This query is : Resolved
naveen kumar
(Querist)
18 April 2014
If an individual / firm providing a work contract service to private company . then private is liable to pay 50% service tax as per reverse charge mechanism of serive tax or not.
19 April 2014
Dear Naveen
If an individual/firm is providing works contract service to a company.
Then Both SP and SR is liable to pay service tax under reverse charge mechanism in the ratio of 50%
If an individual/firm is providing works contract service to a company.
Then Both SP and SR is liable to pay service tax under reverse charge mechanism in the ratio of 50%
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