Reverse charge on security services

This query is : Resolved

CA. and CS. BHARAT KUMAR AGARWAL (Querist)
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18 August 2012 Dear Friends,
Can any one guide me in the matter relation to reverse charge mechanism of Security Services.

We are already paying the Service charges to our Security Service Agency on their bills. Is the notification no.45 & 46 relating to reverse charge mechanism is applicable to us.

So is it necessary to pay 75% of the Service Tax by us and balance 25% by the service providers or we can continue to pay the 100% of tax to said agencies.

Kindly suggest

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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18 August 2012 Who is service prover and service receiver??????
like individual, firm etc

CA. and CS. BHARAT KUMAR AGARWAL

CA. and CS. BHARAT KUMAR AGARWAL (Querist)
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18 August 2012 Service Provider & Receiver both are body corporates.

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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18 August 2012 Service Receiver is not required to pay on reverse charge basis.Service provider shall charge service tax @12.36% on the bill

CA. and CS. BHARAT KUMAR AGARWAL

CA. and CS. BHARAT KUMAR AGARWAL (Querist)
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18 August 2012 Is there any difference, if service provider is Individual

CA. and CS. BHARAT KUMAR AGARWAL

CA. and CS. BHARAT KUMAR AGARWAL (Querist)
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18 August 2012 Is there any difference, if service provider is Individual

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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18 August 2012 Yes.. If service provider is individual/firm and service receiver is body corporate then service receiver is liable for 75% of service tax.

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