CA Shruti Gupta (CMA FINAL CS Final) (1434 Points)
28 August 2013Hi Friends /Member
Please tell me;;
In case of a person .. if he registered as a service provider and providing services apart from providing service he also receives security service on which he is liable to pay tax @ 75% under reserve charge....
how it treat ...whether he will become a service receiver and change his registration ...as service receiver or take is a input services...
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 28 August 2013
Recipient will pay the service tax under reverse charge system on 75% value of the total service value.
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 28 August 2013
On receipt of service he is a SR. Note he has to amend his RC accordingly.
Thanks,
CA Pallav Singhania
(IT System Auditor)
(33262 Points)
Replied 28 August 2013
Yes, The recipient of such service liable to pay 75 percent tax under reverse charge mechanism...
Service provided or agreed to be provided by the way of supply of manpower or security service.
25 percentage of tax payable by person providing such service,
75 percentage of service payable by person receiving such service...
CA Shruti Gupta
(CMA FINAL CS Final)
(1434 Points)
Replied 29 August 2013
| Originally posted by : Dipjyoti Majumdar | ||
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On receipt of service he is a SR. Note he has to amend his RC accordingly. Thanks, |
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but he is also providing Service og Management & Consultancy Service ...For this he has to be Service provider...
CA Shruti Gupta
(CMA FINAL CS Final)
(1434 Points)
Replied 29 August 2013
| Originally posted by : Arun Kumar Singh | ||
|
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Recipient will pay the service tax under reverse charge system on 75% value of the total service value. |
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but Sir ...Wt abt service provided..
why it is not treated as input Service....
CA Vibhash Kumar Sah
(Associate Manager)
(710 Points)
Replied 29 August 2013
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