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 ..... 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 corpo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rate 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 DO ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ES THAT MEAN / IMPLY... WILL SOME EXPERT ENLIGHTEN ME AND OBLIGE. tHANK yOU Reply By Udaya Chandran: The Reply: Service tax on Security services is not applicable for Partnership firm under Reverse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Charge Mechanism. Service receiver need to pay only 75% of ST and 25% will be paid by Service provider. X X X X Extracts X X X X X X X X Extracts X X X X
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