Dear Sir!
plz help me understanding what is "reverse charge mechansim" in Service tax rule from april 2012
Regards
bob
Prasad
(Sr. Manager)
(617 Points)
Replied 13 April 2012
The ammendment in the reverse charge mechanism is listed in notification 152012, please refer the same for details on what services the reverse charge mechnism is applicable.
Answering your question on what is reverse charge
The receipeint of the service is liablie to pay service tax instead of the service provider.