Reverse charges liability provision

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vipin kumar (Querist)
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05 November 2015 our company received bill from propritorship firm for painting work. he charges service tax of 40% of total billing amount.
are we liable to pay service tax under reverse charge under work contract service

CMA Ashutosh Kumar Gupta

CMA Ashutosh Kumar Gupta (Expert)
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05 November 2015 Under RCM pertaining to works contract liability falls in the ratio of 50:50 in between service provider and service receipient of the applicable service tax rate. However liability of service receipient is not mutually inclusive or inter-dependent but independent one.

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