Reverse charge mechanism
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 August 2012
Dear Sir,
Can any one tell me in lay man's language what is the reverse charge mechanism?
Can any one tell me in lay man's language what is the reverse charge mechanism?
27 August 2012
Reverse charge mechanism means that the service recipient is liable to pay & deposit service tax with the Govt, instead of the service provider.
All the formalities have to be complied with by the service recipient.
The service recipient has to get himself registered, deposit the service tax and also file the return.
All the formalities have to be complied with by the service recipient.
The service recipient has to get himself registered, deposit the service tax and also file the return.
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 August 2012
thnx sir....but in which service dis funda is applicable....pls xplain
30 August 2012
Download notification number 30/2012 from CBEC website.
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