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Service received from foreign
Dear Experts ,
Our client is receiving
service from Germany. Foreign
company has not charged the service
tax in the invoice . Is it necessary to pay
the Servicetax by service receiver? How
to claim the Service tax paid by the
service receiver ? Is there any
notification for this ? How to show the
service which is receved from foreign in
Service tax returns (ST-3)?
Replies (7)
As per Rule 2(1)(d) of service tax rules reverse charge is applicable in case of import of service & so service tax need to be paid & cenvat credit of ST paid can be taken
Agree with kuldeep.Paid by receiver
how we adjust service tax if we deposit more or less service tax on import of services. any late payment penalty will be levied on differential amount.
1.5% per month interest on late payment
And excess paid can be adjusted while making next payment..
Service Tax paid for import of service should be shown in ST-3 ,as service received in Part B2 For Service Receiver.
Agreed with manoj mudgal
As per section 66A of the Finance Act 1994 it is your liability to pay Service tax as recepient of service.you can take credit of the Service Tax paid.In your ST-3 you can opt your liability to tax as the person who is receiver of the Service[in colomn 3.(A2)].
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