Dear Friends,
Can you please clarify about the followings?
1. Wheather Reverse Charge Mechanism of service tax, requires service providor to be registered? In other words if the service providor is not having a service tax registration number then the liability of service receiver does not arise.
2.Wheather service receivor will still have the liability even though the service providor is not charging service tax in its bill say for example for in case of indivudual advocate where shareing ratio is 6:4 & in case of WCT where sharing ratio is 1:1?
3. What are the penalties & fines for not following the pescribed rules of "Reverse charge Mechanism of Service Tax" by the Service receiver?
Regards
CAclubindia
