Urgent
This query is : Resolved
CA Chetan Singhal
(Querist)
27 November 2012
We are paying money against security services. To whom we are paying this money they are not liable to pay service tax, we want to know that whether we are liable to pay service tax under reverse charge mechanism inspite of service provider is not liable to pay service tax. Please also mention percentage which is to be paid by us under reverse charge mechanism.
CA Sahil Singla..
(Expert)
27 November 2012
Only if you are a company, then you are liable to pay service tax on 50% of Invoice.
Vishakha Kejriwal.
(Expert)
28 November 2012
Reverse charge applies under Not. 30/2012 in respect of service of supply of manpower for any purpose received by any body corporate from any individual,huf, partnership firm or AOP. The service tax is applicable on 75% of the invoice for the service recepient and is applicable irrespective whether the service provider has any liablity to pay service tax.
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