Service tax rcm

Hey,In this case,the point of taxation under reverse charge mechanism is the date of advance payment itself, hence the service receiver would be liable to pay ST reverse charge on that value of payment according to the date of advance payment itself.

Originally posted by : Divya Barathi
	Hey,In this case,the point of taxation under reverse charge mechanism is the date of advance payment itself, hence the service receiver would be liable to pay ST reverse charge on that value of payment according to the date of advance payment itself.

Agreed with Divya...

In the above query how do we bifurcate Value of Material and labour portion to Calculate RCM