TMI BlogReverse charge mechanismX X X X Extracts X X X X X X X X Extracts X X X X ..... Reverse charge mechanism X X X X Extracts X X X X X X X X Extracts X X X X ..... to know in reverse charge mechanisam, what is the %age of service tax payment to be done by SP & SR if SP & SR both are Pvt. Ltd organisations. Reply By Pradeep Khatri: The Reply: In this scenario, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... service provider will charge the service tax 100%, collect from service recipient and deposit into the Government's account. Reply By Ashwani Rustagi: The Reply: If the Service Provider is pvt. ltd ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . company than there is no service tax liability on SR under reverse charge mechanism. Reply By NK SHETE: The Reply: I do agree with the views of two experts. Reply By Ankur Agrawal: The Reply: fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r applicability for reverse charge mechanisam on supply of manpower, security services & renting and hiring of vehicles following two condion must be satisfied: 1. Service provider -: he must be indi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vidual, huf, parternship firm (registered/unregistered)
2. Service Receiver -: company registered under companies act. X X X X Extracts X X X X X X X X Extracts X X X X
|