11 January 2014
Service Provider:- PVT.LTD.COMPANY Service Receiver:- PVT.LTD.COMPANY IS THE REVERSE CHARGE MECHANISM IS APPLICABLE IF NOT,WHY? IF YES,WHY?
11 January 2014
1. Other than GTA - reverse charge is NOT applicable. In such cases, reverse charge is applicable if the service PROVIDER is an individual, HUF or firm and the service recipient is a company, etc.
2. In case of GTA, reverse charge may be applicable if the person making payment of freight is a FACTORY or a company.
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