Reverse charge mechanism

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Reverse charge mechanism
Query (Issue) Started By: - Admin TMI Dated:- 1-3-2015 Last Reply Date:- 4-3-2015 Service Tax
Got 2 Replies
Service Tax
Question - What are proposed amendments i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n provision related to reverse charge in Finance Bill 2015 ? Reply By Admin TMI: The Reply: Reverse charge mechanism: • Manpower supply and security services when provided by an individual, HU .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... F, or partnership firm to a body corporate are being brought to full reverse charge. Presently, these are taxed under partial reverse charge mechanism. This change will come into effect from 1.4.2015 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... . • Services provided by mutual fund agents, mutual fund distributors and agents of lottery distributor are being brought under reverse charge consequent to withdrawal of the exemption on such s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ervices. Accordingly, Service Tax in respect of mutual fund agents and mutual fund distributors services shall be paid by assets management company or, as the case may be, by the mutual fund receiving .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... such services. In respect of sub-agents of lottery, Service Tax shall be paid by the distributor or selling agent of lottery. This change will come into effect from 1.4.2015. Reply By shamji bhanus .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hali: The Reply: New system regarding RMS for work contract servicesas per Finance bill 2015
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X