Website: http://www.simpletaxindia.net

Rank: 348 / 357

2 selected articles

SERVICE TAX UNDER REVERSE CHARGE MECHANISM CHART WITH ...

SERVICE TAX UNDER REVERSE CHARGE MECHANISM CHART WITH EFFECTIVE PERCENTAGE UPDATED 01.06.2015

SHARE:

0 RAJA BABU Thursday, April 30, 2015 Edit this post

1. The term 'Recovery Agent' has not been defined in the service tax laws. However, in trade and common parlance,'recovery' refers to the action or process of regaining possession or control of something stolen or lost. Accordingly, "recovery...

Read more

Date: 2017-04-02 10:53:22

Related topics : web service aggregator / insurance web aggregator meaning

SERVICE TAX REVERSE CHARGE CHART WEF 01 ... - Simple Tax India

Reverse charge mechanism is not a new concept in service tax. Under the reverse charge mechanism, instead of service provider, the service receiver is liable to pay(deposit) service tax. But with effect from 1.7.2012 a new scheme of taxation is being brought into effect whereby the liability of payment of service tax shall be both on the service provider and the service recipient. Usually such...

Read more

Date: 2017-04-02 10:53:22

Related topics : personal finance blog aggregator / web service aggregator