Hi,
My company pays monthly consultancy charges of INR 150000/- pm.to a consultant from Apr'2013. He his not registered with Service tax and he has not claimed service tax in his invoice.
Please advice who is responsibe for remitting service tax from Apr2013 onwards i.e company or consultant.
Thanks
both in 40-60 ratio as per law.. get it collected from the party and submit it.
I dont think reverse charge is applicable for consultancy charges. I think the consultant is only liable for service tax.
If consultant is Advocate then company liable to pay ST under RCM...otherwise its the s.provider who is liable.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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