Service tax reverse charge mechanism
This query is : Resolved
15 June 2015
Dear Experts,
We know that under Service tax Reverse Charge Mechanism, Service receiver have to pay some portion or full portion of the Service Tax Amount,
In case, if the security services are provided by an individual(SP) to an individual(SR),
how much amount should the SR should pay to govt. and to the SP? Please give clarification with service tax notification reference.
Thanking you in anticipation.
We know that under Service tax Reverse Charge Mechanism, Service receiver have to pay some portion or full portion of the Service Tax Amount,
In case, if the security services are provided by an individual(SP) to an individual(SR),
how much amount should the SR should pay to govt. and to the SP? Please give clarification with service tax notification reference.
Thanking you in anticipation.
15 June 2015
If the service is provided by an individual & it is provided to individual then reverse charge mechanism is not applicable
if the SP is liable to service tax then he will charge it in his bill from SR & he has to pay it to CBEC & act accordingly about the other compliances such as filing of returns etc.
if the SP is liable to service tax then he will charge it in his bill from SR & he has to pay it to CBEC & act accordingly about the other compliances such as filing of returns etc.
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16 June 2015
What will be the result in case of :
Service Provider : Firm
Service Receiver : Association of Person (Say a society)
Please give reference of notification or any other.
Thank you CA Soarabh.
Service Provider : Firm
Service Receiver : Association of Person (Say a society)
Please give reference of notification or any other.
Thank you CA Soarabh.
16 June 2015
No change same as previous one.
Reverse Charge is applicable only if the SR is a body corporate.
Reverse Charge is applicable only if the SR is a body corporate.
18 June 2015
So, can we say that, the AOP has to pay the full amount (including service tax) to the security service provider?
18 June 2015
Yes. The service provider has to charge full ST amount in his invoice and the same to be paid by the SR.
Regards,
CMA Santosh G Kalburgi
Regards,
CMA Santosh G Kalburgi
19 June 2015
Thank you sir,
If you have any reference of notification or any please give.
If you have any reference of notification or any please give.
19 June 2015
Refer notification No 30/2012 & new Notification No. 7/2015-ST
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