Whether Reverse Charge Mechanism In Service Tax is applicable to any Society (Registered under Society Registration Act) who is Service Receiver for availing Security services at its office.
Menu
Reverse charge mechanism in service tax
Replies (1)
Rakesh,
Reverse charge mechanism works where the service receiver is a Body Corporate. Section 65(14) of Finance Act 1994 provides that Body Corporate has the meaning assigned under section 2(7) of Companies Act 1956.
I believe a Society registered under Societies Registration Act is not a Body Corporate. Therefore reverse charge mechanism will not apply. The receiver will pay the service tax to provider who in turn will deposit to Govt.
Regards,
Recent Topic
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
Related Topics
CAclubindia
