Discussions Forum | ||
Home Forum Service Tax This
A Public Forum.
Submit new Issue / Query
My Issues
My Replies
|
||
Reverse Charge Mechanism, Service Tax |
||
|
||
Reverse Charge Mechanism |
||
Dear Experts, If the service receiver for Security Services is a Partnership Firm, then is the reverse charge mechanism applicable. The notification states if the the service receiver is a Company as per the companies act or a body corporate in any taxable region, the Reverse Charge mechanism will apply. My confusion is over the words : Body Corporate being SEPERATELY MENTIONED FROM THE WORDS COMPANY UNDER THE COMPANIES ACT. WHAT DOES THAT MEAN / IMPLY... WILL SOME EXPERT ENLIGHTEN ME AND OBLIGE. tHANK yOU Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
Service tax on Security services is not applicable for Partnership firm under Reverse Charge Mechanism. Service receiver need to pay only 75% of ST and 25% will be paid by Service provider. Page: 1 Old Query - New Comments are closed. |
||