21 February 2013
Whether AMC Charges paid towards AC service attract Reverse Charge Mechanism?
Guest
Guest
(Expert)
21 February 2013
Before 1st July, 2012, there was no confusion for payment of service tax by whom.
however, after that, in this reverse charge mechanism, there is not a clear cut provision stating that " Service Tax on AMC Charges is to be paid by Service Receiver". but it states that when service received is in the nature of SECURITY SERVICE i.e. safe guard the assets of enterprise, service tax to be paid by service receiver i.e. reverse charge mechanism will apply.