Hello dear Frnds,
Can anyone explain me the Concept of Reverse charge mechanism ?????
ANJALI NEGI (Chartered Accountant) (1263 Points)
15 October 2012Hello dear Frnds,
Can anyone explain me the Concept of Reverse charge mechanism ?????
Vikas
(CA)
(1135 Points)
Replied 16 October 2012
Refer to Notification No.30/2012 dated 20-06-2012;
It's a case wherein the service recipient is required to pay the service tax...
RAJU
(LEARNER)
(1089 Points)
Replied 16 October 2012
For some of the services, the liability to pay service tax is on the recipient of service as against service provider in all other cases. Go through the notification referred by Mr. Vikas to know in specific the services which are covered under reverse charge.