Dear Friends
A security company provided security services to bank for carrying currency.
Will it be charging service tax to the bank?
please provide relevant section, notification etc.
regards
shivani
1 Replies
Sunil Kumar
(Indirect Taxation )
(1246 Points)
Replied 06 December 2016
Yes, it would be taxable. Further, reverse charge would be applicable and bank is liable to pay service tax. Here is relevant extract of notfication no 30/2012:
|
8 |
in respect of services provided or agreed to be provided by way of supply of manpower for any purpose 10[or security services] |
8[Nil] |
9[100%] |
Recent Topics
- Advance Tax For Freelancers
- Is fvu 8.8 version available ?
- Interest and penalty on advance tax shortfall
- Joint Account with 3 legal heirs.......
- TCS adjustment
- GST audit and scrutiny
- GSTR9 Table 8 - 8A and 8B difference is 4D(1). in
- Eway Bill query for inter state
- Taxability of income in USA of resident oci holder
- Clarity regarding Sec 16(4)
Related Threads
CAclubindia
