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 ..... What is reverse charge mechanism in service tax and for which services it is applicable ? Anand Reply By Pradeep Khatri: The Reply: Dear Anand, Reverse charge mechanism consists of following two a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... spects, namely:- * Full Reverse Charge Mechanism * Partial Reverse Charge Mechanism Under Full Reverse Charge Mechanism, the service recipient is liable to pay the service tax on the full value o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the services provided by the service provided and under Partial Reverse charge Mechanism service provider and service recipient both would be liable to pay the service tax to the extent of their lia ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bility as mentioned in below notifications, Please check the Notification No. 30/2012-ST/20-06-2012 w.e.f. 01-07-2012 read with Notification No. 10/2014-ST in this regard. Regards Team YAGAY and SU ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... N (Management and Indirect Tax Consultants) Reply By Naveed S: The Reply: Under Reverse Charge Mechanism, service tax is payable by service recipient instead of service provider . Under this charge ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... service receiver have to register himself under service tax .
Please study notification no. 30/2012 S.T. dated 20.06.2012 as amended for necessary understanding on the issue. X X X X Extracts X X X X X X X X Extracts X X X X ..... Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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