04 December 2012
A private limited company is taking security services from a individual assessee who run security aganecy, that agency provide 4 person to a company, paid salary to all.
company paid security charges monthly to security agency.
whether company liable to pay service tax under reverse mechanisam for man power supply or not?
If yes, than what is accounting code for payment of service tax whether security services or man power supply services?
please let me know urgently if any one have idea than...............
04 December 2012
It will be covered under security service and reverse charge would be applicable. you are liable for 75% of service tax amount i.e 75% of (12.36% of amount charged)
CAclubindia
