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Rcm under llp

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 February 2016 Dear Sir,
Can you please tell me is RCM applicable in case of LLP? Below is my observation with attached file :-

“Body Corporate” means the meaning assigned to in clause (7) of Section 2 of the Companies Act, 1956 and section 2(1 1) of 2013 Act.
a) Company , corporation and LLP are ‘body corporate’
b) Firm, HUF , T rust and Co-operative society are not ‘body corporate’
c) But firm includes LLP for Service T ax
So, the service tax on reverse charges mechanism shall be discharged by LLP also.

So sir requesting you kindly go through the attached file & give me your valuable opinion.

18 February 2016 Yes,LLP is body corporate and applicable for reverse charge.

Mere partnership firm not a body corporate.





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