What is the reverse charge mechenisam
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 October 2014
Dear Sir,
Please understand me WHAT IS THE REVERSE CHARGE MECHENISAM
Please understand me WHAT IS THE REVERSE CHARGE MECHENISAM
28 October 2014
1. Under normal circumstances, service tax is payable by the service PROVIDER.
2. Under reverse charge mechanism, the liability is shifted from the service provider to the service RECIPIENT.
The recipient is required to get himself, pay tax on his own to the Govt., file service tax return & comply with all provisions of the service tax law.
2. Under reverse charge mechanism, the liability is shifted from the service provider to the service RECIPIENT.
The recipient is required to get himself, pay tax on his own to the Govt., file service tax return & comply with all provisions of the service tax law.
28 October 2014
Refer for more details:
http://taxguru.in/service-tax/reverse-charge-mechanism-abatement-rate-chart-service-tax.html
http://taxguru.in/service-tax/reverse-charge-mechanism-abatement-rate-chart-service-tax.html
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Import license renewal
- Should I report my US salary for January, February, March in Schedule FA?
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
