Query

Queries 367 views 1 replies

Sumesh

Student

42 Points Joined November 2012

Dear Sir,

This query is related to Works contract Service What are the conditions on Reverse charge mechanism. If the Service Receiver is not a Company, who is to pay service tax. Whether 50% Tax liability by Service Provider and By Service Receiver is applicable to all categories including company, firm, trust, individual etc. Please advice

Regards

Sumesh

Student IPCC

Replies (1)

Harendra Kumar

Tax Advisor

1326 Points Joined July 2011

Sir,

If you are provided taxable services in taxable territory then you liability to pay service tax and also your liability to be raised when you received taxable service in taxable territory. i.e. called RMC. It is mean rest liability yours.