Reverse charge mechanism in service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 February 2014
i am working in GIL a co. in infrastructure we have work order inclusive of Service Tax therefore we do not charge Service Tax separately to client But client calculates it on Reverse charge mechanism base is it correct or wrong?
18 February 2014
In my opinion what they have done is correct
.
.
Bcoz legal liability is of service receiver.
That liability does not disappear even assuming that the service provider has paid the service tax.
Service receiver liable for only his part and not entire amount, even if service provider does not charge his portion of service tax
.
.
Kindly Note that A statutory liability cannot be shifted by mutual agreement. If statutory liability is of service receiver, he alone is liable..
.
.
Bcoz legal liability is of service receiver.
That liability does not disappear even assuming that the service provider has paid the service tax.
Service receiver liable for only his part and not entire amount, even if service provider does not charge his portion of service tax
.
.
Kindly Note that A statutory liability cannot be shifted by mutual agreement. If statutory liability is of service receiver, he alone is liable..
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- Section 50-fixed asset-->building ceases to exist
- Reprocessing of rectification order AY 2025-26
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Putting a heading on received mail
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Gift Received from nonblood relative
- Consolidated financials
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
