What is reverse charge
This query is : Resolved
Guest
Guest
(Querist)
17 September 2014
UNDER REVERSE CHARGE SERVICE RECIVER IS LIABLE TO PAY SERVICE TAX...NOW WHAT DOES IT MEAN...WHETHER IT MEANS HE WILL PAY ST FROM HIS POCKET AND DEPOSIT ST TO GOVT......... BUT ST IS INDIRECT TAX AND SERVICE RECIVER IS REQUIRED TO PAY ST IN ALL CASES...PLZ HELP
17 September 2014
Yes. Service receivers need to pay from their own pocked and deposit the same under respective code for respective service category. For all details check out below link--
https://www.simpletaxindia.net/2013/12/reverse-charge-mechanism-under-service.html
https://www.simpletaxindia.net/2013/12/reverse-charge-mechanism-under-service.html
Message likes :
1 times
Guest
Guest
(Querist)
17 September 2014
THANX SIR...IF DIRECT CHARGE APPLICABLE THEN ..SERVICE PROVIDER WILL PAY ST FROM HIS OWN POCKET....PLZ CLARIFY
17 September 2014
In any case Service Provider is not paying.
In direct method Service Provider is charging service tax in bill, collection the service tax from service receiver and paying to Govt. Under reverse charge service receiver paying service tax directly to Govt.
In direct method Service Provider is charging service tax in bill, collection the service tax from service receiver and paying to Govt. Under reverse charge service receiver paying service tax directly to Govt.
Message likes :
1 times
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
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- FTS Taxable under 115A
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Management System (IMS)
- Experts need help
- EPF FULL & FINAL RULES IN 2026
- Rental income gst and it purpose
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
