What is the reverse charge mechenisam
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 October 2014
Dear Sir,
Please understand me WHAT IS THE REVERSE CHARGE MECHENISAM
Please understand me WHAT IS THE REVERSE CHARGE MECHENISAM
28 October 2014
1. Under normal circumstances, service tax is payable by the service PROVIDER.
2. Under reverse charge mechanism, the liability is shifted from the service provider to the service RECIPIENT.
The recipient is required to get himself, pay tax on his own to the Govt., file service tax return & comply with all provisions of the service tax law.
2. Under reverse charge mechanism, the liability is shifted from the service provider to the service RECIPIENT.
The recipient is required to get himself, pay tax on his own to the Govt., file service tax return & comply with all provisions of the service tax law.
28 October 2014
Refer for more details:
https://taxguru.in/service-tax/reverse-charge-mechanism-abatement-rate-chart-service-tax.html
https://taxguru.in/service-tax/reverse-charge-mechanism-abatement-rate-chart-service-tax.html
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