Reverse charge mechnisum

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Accountant
98 Points Joined December 2012

Hi Members...

 

Kindly help me in this........

.If  Manufacturing Company (Service Recipient)   taken Cab For Rent for employees  pick up n drop ( Regular) from Individual(service Provider) ?

 

what is the percentage of  service tax i have to pay ? 

a. If service recipient  did not register under service tax  how can i Pay Service Tax As service recipient?

b. if both  Service provider & service Recipient not register under service tax is service tax applicable for service recipient?

c.If Service recipient is register but service provider not register is service tax is applicable ? 

 

regards.

Ranjini

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On 21 October 2013 at 15:35 Report
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Audit and Tax Advisory
48564 Points Joined May 2012

1.if service  receiver not registered under service tax he has to register and have to pay service tax @ 40%

2.you dont need to pay service provider part of liability and whether he is registered or not under service tax is irrelevant to you,

3.the company has to pay service tax on 40% - no Cenvat credit eligible 

.

 If motor vehicle is taken on hire (operating lease) without driver, it is ‘transfer of right to goods’. Then it is deemed sale of goods and Vat will apply – not service tax.

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On 21 October 2013 at 16:03


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