23 January 2013
Sir, i understand what is reverse mechanism,it is the situation where service receiver pays the tax instead of service provider,but i am confused in which situation is this concept applied?
23 January 2013
These are the services where reverse charges applicable:- List of Service Covered under Reverse charge By an insurance agent By a goods transport agency in respect of transportation of goods by road By way of sponsorship By an arbitral tribunal By individual advocate By way of support service by Government or local authority By way of renting or hiring any motor vehicle designed to carry passenger By way of supply of manpower or Security services By way of works contract By any person who is located in a non-taxable territory and received by any person located in the taxable territory By a director of a company to the said company
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