Is Reverse Charge Machanism Applicable To Private Ltd Companies For contract with a Courier company Which Provides Services to the company ?
Thanks alot in advance..!
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Query on reverse charge machanism
Replies (3)
REVERSE MECHANISM MEANS WHERE SERVIVE RECIVER IS THE
PERSON WHO RECIVES SERVICES FROM OUTSIDE INDIA AND IS
SERVICE IMPORTER AND ALSO IS LIABLE TO PAY SERVICE TAX AGINST
NORMAL PRACTICE WHERE SERVICEPROVIDER IS LIABLETO PAY.
UR QUERYY ISNT MENTIONNING ABOUT ANY SERVICE IMPORTED...PLS REFRAIN UR QUERRY.
wef 1st July 2012 new reverse charge mechanism is applicable inder service tax.
courier service is not covered under new rule.
Courier service not covered.
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