Reverse charge mechanism
This query is : Resolved
14 December 2013
we have paid service tax share of service receiver under reverse charge mechanism in oct 2013 for the period January 2013 to may 2013. whether we incur any penalty
15 December 2013
Service tax is payable by service receiver when actual payment is made to service provider and not on receipt of Invoice from service provider. However, if payment is not made to service provider within 6 months, service tax is anyway payable. Interest is also payabl
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