Reverse charge mechanism

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 October 2013 can any one clarify me the reverse charge mechanism under service tax. Whether reverse charge mechanism applicable in the case of service tax charged under specified rate where service provider is a proprietor. whether specified rate of 4.94% can be charged for corporate clients under WC Act
at 50:50 basis.

Ganeshbabu K

Ganeshbabu K (Expert)
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10 October 2013 Reverse charge in works contract service

1)50% tax by service receiver if service provider of works contract service is individual, HUF, proprietary or partnership firm or AOP

2)AND service receiver is business entity incorporated as body corporate.

3)50% service tax is payable by service provider and 50% by service receiver. The service receiver liable for 50% even if service provider does not charge service tax.
.
.
50% means 50% of 12.36

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