02 June 2012
Dear Friends, Require clarification on below: "We are receiving services from outside India, whether we are liable to pay Ser. Tax?" If Yes, Wants all rules & regulation regards to that i.e. 1. Service Tax Liablity due 2. Which are benefits 3. Is this possible to open Branch or Subsidiary to avoid Service Tax liablity?
02 June 2012
The word avoid should not be used, instead it should be spelled as cost constructive method. The reverse charge mechanism is well explained in faq which is available on check wbsite