02 March 2017
You may be aware, generally, service tax is payable by the provider of Service. For instance - When service is provided by a Chartered Accountant to his/her client, then in this case, service provider i.e Chartered Accountant is liable to pay Service tax and comply with other general provisions of filing return etc. However in Reverse Charge Mechanism Service Receiver is made liable to pay service tax and comply with other provisions of Finance Act, 1994. The services provided or agreed to be provided by an individual advocate, the onus lies on the recipient of service i.e., the tax payable by the person receiving the service.
03 March 2017
Thanks sir & another thing generally service provider collects service tax from his/her clients & then he pays to Govt. This is the general practice of service tax billing ?.Just clear my doubt.
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