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Service tax reverse mechanism
Service provider is a limited company registered with Sponsorship service
The service receiver will liable for service tax reverse charge or not
sponsorship
Replies (4)
Dear Member,
Yes service receiver will be liable for service tax under reverse charge.
In case of sponsorship only status of recipient is seen and not the status of service provider.
Ya I agree with praveen
According to Entry No 3 of Notification No. 30/2012 in case of Sponsorship Service ,for applicability of RCM Service provider may be any person whereas service reciver must be a Body Corporate or Firm in Taxable Territory.
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