Reverse Charge

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..... Reverse Charge
Query (Issue) Started By: - sunil jain Dated:- 1-8-2013 Last Reply Date:- 1-8-2013 Service Tax
Got 1 Reply
Service Tax
vide Not No 30/2012, service tax is required to be pa .....

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..... id on reverse charge basis by recipient of services on certain services. One of such service is service by advocate if recipient is a business entity. As per section 65B(17), Business Entity means "an .....

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..... y person ordinarily carrying out any activity relating to industry, commerce or any other business or profession" The query is whether a co-operative Thrift & Credit society carrying on financing ac .....

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..... tivities for its members only, can be termed as business entity. Thanks, CA. R.K. Aggarwal Reply By PAWAN KUMAR: The Reply: Yes the same would be termed as business entity because the definitio .....

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..... n itself clealy stipultes "any other business " which covers the credit society carrying on financing business for its memeber, Therefore would be liable for service tax under reverse charge.
Disc .....

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..... ussion Forum - Knowledge Sharing .....

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