Service provider & service recipient
This query is : Resolved
08 September 2013
Sir,
What is the difference between service provider & service recipient? how tax implications 'll be posed...Pls answer me.
Regards,
08 September 2013
service provider is the person actually giving the service to others. and service recipient is the person who receive the service from others.
Service covered under normal category, service provider has to collect the service tax from the recipient and pay to government
Services covered under reverse charge, the service recipient directly pay to government
Service covered under normal category, service provider has to collect the service tax from the recipient and pay to government
Services covered under reverse charge, the service recipient directly pay to government
08 September 2013
The difference is equivalent to buyer and seller in vat.
One is providing his services (seller) and other one is receiving (buyer)services.
Except few services, all the services are taxable and for all such taxable services, service provider is liable to pay.
As explained by expert, CMA Ramesh Krishnan, service recipient are liable in some services under reverse charge.
One is providing his services (seller) and other one is receiving (buyer)services.
Except few services, all the services are taxable and for all such taxable services, service provider is liable to pay.
As explained by expert, CMA Ramesh Krishnan, service recipient are liable in some services under reverse charge.
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
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- ASMT-10 received from A O
- Banking Related Issue
- Difff in ais receipts and gst turnover
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- TDS _Long term Capital Gain ref.sec 214 Table 2
- IT returns for fresh job holders
- Grand in aid
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
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
