Paid in july ,bill raised in june ,reverse charge.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 August 2012 One of our service provider of manpower supply provided service in June ,Bill raised in June but he was paid in July'2012.

Is reverse charge of service tax applicable on his bill ?

RENGARAJ R.K

RENGARAJ R.K (Expert)
Follow

08 August 2012 In my opinion, only service receiver has to deposit tax 75% of the bill amount as per the point of taxation rules, even though the bill is raised in June 12. SP has no liability,under reverse charge since he raised his bill in june 12.

Querist : Anonymous

Querist : Anonymous (Querist)

08 August 2012 Are you sure about this ? May someone also give their opinion by mentioning specific rule.-RANJAN

Upgrade to CAclubindia Pro. Subscribe Now!

Querist : Anonymous

Querist : Anonymous (Querist)

08 August 2012 Are you sure about this ? May someone also give their opinion by mentioning specific rule.-RANJAN

RENGARAJ R.K

RENGARAJ R.K (Expert)
Follow

08 August 2012 Dear Mr Ranjan,

I repeat, the answer given by me is purely my opinion after studying various articles/ clarification by the Finance ministry and CBEC and Department. Pl Wait for the other experts opinion also, if you are of contradictory view on my opinion. But it is not correct to write "Are you sure"