Should an LLP be considerd as Body corporate and pay service tax under RCM when service received (Security Services) from the Propritorship?
Note: Invoice received is exclusive of Service Tax.
Menu
Service tax liabality under rcm for llp
Replies (1)
Dear Mr. Jomon,
For the purpose of service tax, LLP should be considered as Partnership firm but not body corporate. (Service Tax Rules, 1994) Hence, LLP is not liable under Reverse charge mechanism for security services received from proprietorship
Recent Topics :
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
Related Topics :
CAclubindia
