Varun Kumar Shetty (Associate) (37 Points)
30 July 2013
CA girl
(Article Trainee-CA Final)
(1942 Points)
Replied 30 July 2013
Hey,In this case,the point of taxation under reverse charge mechanism is the date of advance payment itself, hence the service receiver would be liable to pay ST reverse charge on that value of payment according to the date of advance payment itself.
Saurabh Maheshwari
(B.com,ACA)
(5923 Points)
Replied 30 July 2013
| Originally posted by : Divya Barathi | ||
 |
Hey,In this case,the point of taxation under reverse charge mechanism is the date of advance payment itself, hence the service receiver would be liable to pay ST reverse charge on that value of payment according to the date of advance payment itself. |
 |
Agreed with Divya...
Varun Kumar Shetty
(Associate)
(37 Points)
Replied 30 July 2013
In the above query how do we bifurcate Value of Material and labour portion to Calculate RCM
CAclubindia
