Reverse charge mechanism

Originally posted by : dhruti
	Security Services are now categorized under Full Reverse Charge. If the security service is received by a Trust then is the Trust in a position to pay service tax under reverse charge ?

No, trust is not the party to pay ST. Manpower supply and security services are now brought to full reverse charge when service provided by an individual, HUF, partnership firms to a body corporate.Means full service tax shall be paid by body corporate as service receiver and service provider is no need to charge service tax in bill. Before, it was in partial reverse charge.

Regards

Karanjit Singh | +91-7503588224

Read more at: /forum/kkc-applicability-at-glance-361370.asp

Thank you.

What will be the position if the service is received by a partnership firm whose turnover exceeds Rs. 10 lakh in the previos financial year ?

Originally posted by : dhruti
	Thank you. What will be the position if the service is received by a partnership firm whose turnover exceeds Rs. 10 lakh in the previos financial year ?

Please read carefully my previous reply , you will get your answer.

Regards

Karanjit Singh | +91-7503588224

Read more at: /forum/kkc-applicability-at-glance-361370.asp

Read more at: /forum/details.asp?quote=1521910&mod_id=361978&offset=1#reply