Service tax reverse charge mechanism

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Partner
26 Points Joined November 2012

We are, partnership firm, providing manpower to various firms & companies.  Our clients vary from small ownership firm to corporates.  

How to we charge service tax to our clients.  Whether it is 12% for all or 3% for corporates and 12% for ownership firms.

Please clarify.

Thanks in Advance

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On 14 April 2014 at 06:17 Report
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CA in service & CS. dipmaj@
3488 Points Joined June 2011

When you provide service to corporates you charge service tax @ 25% of 12.36%. Balance 75% will be payable by receiver of service. In other cases you charge 12.36%.This is reverse charge mechanism.

Thanks,

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On 14 April 2014 at 16:37


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