10 October 2012
W.e.f 1/7/2012, the manpower consultant billing to a business entity has to discharge only 25% of the service tax liability as the provider of service. This is 3% tax + .09% cess. The service receiver has to bear the 75% of the tax liability. Therefore you have to register as service receiver and pay 9.27% tax on reverse charge basis.
11 October 2012
You can claim this as your input. Only get clarification of body corporate. Logically it would mean ltd. company but once when I had not registered a firm the ST officer had told me that body corporate in Service tax also means firms.
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