vyjayanthimala (Accounts) (245 Points)
03 September 2012Sir,
I want to know if a person providing security services, what will be the ser.tax
to be collected by him. wherther 25% of the Total Ser. Tax or full 12.36%
And whether the sevice receiver has to pay 75% of the Ser.tax directly
to the Government or not.
Urgent !!!!? please reply
mala
Shridhar Shah
(Chartered Accountant in Practice)
(172 Points)
Replied 03 September 2012
In my openion, providing service of security does not amount to "in respect of services provided or agreed to be provided by way of supply of manpower for any purpose" as mentioned in Notification No.15/2012-Service Tax - point II, Sl 8.
This amounts to providing security service & the main nature of service is providing "Security" not "supply of manpower". So service tax chargable at full rate.
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 03 September 2012
Pursuant to notification numbers 45 and 46/2012 further amending 30/2012, a proprietor proviidng security service is laible to pay 25% of service tax to revenue. 75% will be paid by recipient of service.
Regards
Shridhar Shah
(Chartered Accountant in Practice)
(172 Points)
Replied 05 September 2012
Thanks dipjyoti for correccting...
Shridhar Shah
(Chartered Accountant in Practice)
(172 Points)
Replied 10 September 2012
In case of SECURITY SERVICE, the person receiving service shall be body corporate - than only reverrse charge mechanism is applicable.
To understand reverse charge mechanism - Click Here
For FAQ - Click Here
For Exact Understanding of Notification 45/2012 with Notification 46/2012 - Click Here
Thanks.. & I hope this will be helpful.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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