Poonawalla fincorp
Poonawalla fincorp

Works contract service

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 August 2014 Does partial reverse charge apply on composition scheme?

eg. If service tax on works contract is applicable at the rate of 4.94%, then are service provider and service receiver liable to pay 50% i e 2.47% or service provider need to pay 4.94%?
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Ganeshbabu K

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Ganeshbabu K (Expert)
14 August 2014 Yes we can do so
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50% on service tax liabiility only can be billed
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Rupesh Jain

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Rupesh Jain (Expert)
14 August 2014 yes it is applicable paid by 50% -50%
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Querist : Anonymous

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Querist : Anonymous (Querist)
22 August 2014 Is it compulsory to apply partial reverse charge? Is it possible that service provider pay tax @4.94%. Thank you for your reply......

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