Reverse charge
This query is : Resolved
25 November 2013
What are the provision of reverse charge mechanism for transport services received?
26 November 2013
For goods transportation service received- reverse charge will be applicable. Service receiver has to pay service tax on 25% amount of amount paid by claiming 75% deduction.
For rent a cab service, service provider needs to pay service tax on 40% of amount paid to service provider.
You can get detail understanding in my article. https://www.caclubindia.com/articles/service-tax-reverse-charge-18466.asp
For rent a cab service, service provider needs to pay service tax on 40% of amount paid to service provider.
You can get detail understanding in my article. https://www.caclubindia.com/articles/service-tax-reverse-charge-18466.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Inventory of finished goods
- GST Regis.
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- RCM INVOICING FROM NOV-2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Tds on building rent monthly
- Disallowance of Section 43B(h) to sez units
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
