rate of service tax in case of reverse charge

 section 68(2) of The Finance Act1994(as amended by finance act 2009)

provides

notwithstanding anything contained in sub- section (1),in respect of any notified taxable service,

service tax shall be paid by such person and in such manner as may be prescribed @ 12%

and all the provisions of this chapter shall apply to such person as if he is the person liable for paying the service tax in relation to such service

 

Ques: MY QUESTION IS WHETHER THE RATE OF SERVICE TAX IN THIS CASE IS 12%OR 10%  as per the amendment

plz help 

Replies (1)

Dear Akhil,

RATE OF SERVICE TAX WILL BE 10% SUBSEQUENT TO THE AMENDMENT IN CASE OF REVESR CARGE AS WELL

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