Reverse charge mechanism on amc

dig vijay (ok) (151 Points)

12 April 2017  

One of the vendors (an individual) is providing AMC services in realtion to maintenance of boiler. The agreement with the said vendor states that "All materials and tools need to be provided by us and any excess/unused materials shall be returned"

In a nutshell, it is service only contract and no material is provided by vendor. Whether service tax under RCM has to be paid by us or not??