IF a Business Entity is Receiving service from Advocate Then the Business entity is liable for service tax payment.
But if the entity has received service before 1 July 2012 but made payment after 1st july 2012,will Business entity be liable?
Menu
Reverse charge vis a vis pot
Replies (1)
In Addition to above..in reverse charge mechanism Point of taxation is date of payent for receiver of service tax.
So according to this Service receiver is liable to pay service tax to govt. even if payment made after 1st july,am i correct?
and if i am correct,then what about the tax amount which service receiver has already paid to service provider?
Recent Threads
- VAT deducted by Saudi company
- RCM doubt please clarify
- Should open NRO account?
- Which IT section applicable for cash transaction i
- ITR -property dealer
- Warehouse Registration, Whether mandatory?
- Time limit for claiming Input GST credit
- Gst rate and Sac code or RCM attract
- Poll: Do you spend > 30 min/day fixing Tally JSO
- Interest on Accident Claim by Minor
Related Threads
CAclubindia
