Service tax chargablity
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 September 2012
A Limited Company has paid Rs.500000 to B Limited company for supply of manpower services.
Please tell me liability of service tax to be paid by both the limited companies.
Note:- Please consider Notification No.30/2012 dt. 20/06/2012 and the words Limited Company.
Thanks in Advance
Please tell me liability of service tax to be paid by both the limited companies.
Note:- Please consider Notification No.30/2012 dt. 20/06/2012 and the words Limited Company.
Thanks in Advance
14 September 2012
Since the service provider is a comapny, reverse charge is NOT applicable.
100% liability of service tax has to be charged and paid by the service provider.
100% liability of service tax has to be charged and paid by the service provider.
GN Patankar
(Expert)
15 September 2012
Reverse Charge is applicable when Service provider is Individual/Partner OrHUF and service receiver is Company regd u/s 1956 or business entity registered as body corporate in taxable region.In your case both are Company
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