Reverse charge mechanism
This query is : Resolved
08 July 2014
Hello!
In case of RCM of Goods Transport Agency Services service tax liability is on service receiver.But it is necessary that the person providing services (GTA) has to mention in the invoice that "Liability to pay service tax is on service receiver". If the above statement is not mentioned liability of service receiver does not arises.
Please resolve my Query as soon as possible and also provide reference of Sections/Rules wherever it is necessary.
Thank u in advance
In case of RCM of Goods Transport Agency Services service tax liability is on service receiver.But it is necessary that the person providing services (GTA) has to mention in the invoice that "Liability to pay service tax is on service receiver". If the above statement is not mentioned liability of service receiver does not arises.
Please resolve my Query as soon as possible and also provide reference of Sections/Rules wherever it is necessary.
Thank u in advance
08 July 2014
The cited wordings should be mentioned in the invoice/consignment note issued by GTA.
Please see explanation to rule 4B of Service tax Rules,1994.
Please see explanation to rule 4B of Service tax Rules,1994.
09 July 2014
Thank You Very much sir for providing such a handy reference of Service tax Rules.
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