05 July 2012
whether from 01.07.2012 the service receiver is compulsory required to pay 75% service tax in case of Man power supply services under the reverse charge or might be the company has an option of choosing not to directly deposit service tax under reverse charge instead paid it to the supplier and take a decleration from the service provider that he has deposited the same service tax vide GAR 7 challan.
08 July 2012
From 01-07-2012 service receiver is required to pay 75% value. in another words if service receiver is not registered he must get Reg No.and pay 75% value because there is no such option of 100 % of Payment by service provider and obtaining declaration is there in the act as on today.
In my opinion Such act is unlawful, risky and would create unnecessary 75% tax liability + int + penalty even though in service tax liability is fully paid in toto.