Festive Savings Are Here. Get 10% OFF on All CCI Pro Plans. Subscribe Now!

Service tax rate

967 views

Save Share

Join Us Follow Us Add as Source

Rajan

Service

77 Points Posted on 30 November 2013

Dear Collegaues,

Kindly help to solve my query.

"In the case the reverse charge mechanism the if the service recipient is a company (Pvt ltd/ltd) and the service provider is a non-body corporate (eg individual/firm/LLP), the service tax liability will have to be shared by both, service provider and service recipient in specified shares eg. on supply of manpower services, 75% will have to borne by service recipient and 25% by service provider.

Now, if a partnership firms provides services of supply of manpower to a individual or partnership firm, then what is rate of service tax has to be charged by the service provider."

Awaiting for the reply.

Thank you.

Rajan

rajan . phalke @ gmail . com

Replies (2)

shuhaib.c

CA-Final

72 Points Posted on 30 November 2013

full rate ie,12.36%

CA SHRAVANA DOTA

ACA

110 Points Posted on 30 November 2013

The rate to be charged by partnership firm ( service provider) in any case is 12.36%. If service is provided to non body corporate it is 12.36% on 100% value. If the said service is provided to a body corporate, the rate is 12.36% on taxable value of 25% as per partial reverse charge mechanism.