Service Tax Reverse Charge Mechanism Applicability for
Proprietorship
CBEC Introduced Service
Tax Reverse Charge Mechanism in the month of Jul’12 vide Notification No.30/2012
Dt: 20.06.2012. The following cases will attract service tax in the hands of
service recipients, with effect from 01.07.2012.
|
S.No.
|
Description of a service
|
Service provider
|
Service receiver
|
Percentage
of service tax payable by the person providing service
|
Percentage of service tax
payable by the person receiving the service
|
|
1.
|
GTA in respect of services provided or agreed
to be provided by a goods transport agency in respect
of transportation of goods by road
|
Goods transport agency
|
Consignor or Consignee is specified person
|
Nil
|
100
|
|
2.
|
Arbitral Tribunal
in respect of services provided or agreed to
be provided by an arbitral tribunal
|
Arbitral tribunal
|
Business entity
|
Nil
|
100
|
|
3.
|
Advocate Services
in respect of services provided or agreed to
be provided by individual advocate
|
Individual advocate
|
Business entity
|
Nil
|
100
|
|
4
|
Support Service
in respect of services provided or agreed to
be provided by way of support service by Government or local
authority
|
Government
|
Business entity
|
Nil
|
100
|
|
5.
|
Service provided from Non-Taxable Territory to Taxable
Territory in respect of any taxable services provided or agreed to be
provided by any person who is located in a non-taxable territory
and received by any person located in the taxable territory
|
Any person
|
Any person
|
Nil
|
100
|
Note: As per Section 65 B (17) : "Business entity" means any person ordinarily carrying out any activity
relating to industry, commerce or any other business or profession.
Service Tax Reverse Charge Mechanism Applicability for Firm
CBEC Introduced Service
Tax Reverse Charge Mechanism in the month of Jul’12 vide Notification
No.30/2012 Dt: 20.06.2012. The following cases will attract service tax in the
hands of service recipients, with effect from 01.07.2012.
|
S.No.
|
Description of a service
|
Service provider
|
Service receiver
|
Percentage
of service tax payable by the person providing service
|
Percentage of service tax
payable by the person receiving the service
|
|
1.
|
GTA in respect of services provided or agreed
to be provided by a goods transport agency in respect
of transportation of goods by road
|
Goods transport agency
|
Consignor or Consignee is specified person
|
Nil
|
100
|
|
2.
|
Arbitral Tribunal
in respect of services provided or agreed to
be provided by an arbitral tribunal
|
Arbitral tribunal
|
Business entity
|
Nil
|
100
|
|
3.
|
Advocate Services
in respect of services provided or agreed to
be provided by individual advocate
|
Individual advocate
|
Business entity
|
Nil
|
100
|
|
4.
|
Support Service
in respect of services provided or agreed to
be provided by way of support service by Government or local
authority
|
Government
|
Business entity
|
Nil
|
100
|
|
5.
|
Service provided from Non-Taxable Territory to Taxable
Territory in respect of any taxable services provided or agreed to be
provided by any person who is located in a non-taxable territory
and received by any person located in the taxable territory
|
Any person
|
Any person
|
Nil
|
100
|
|
6
|
Sponsorship
in respect of services provided or agreed to
be provided by way of sponsorship
|
Any person
|
Body corporate or partnership firm
|
Nil
|
100
|
Note: As per Section 65 B (17) : "Business entity" means any person ordinarily carrying out any activity
relating to industry, commerce or any other business or profession.
Service Tax Reverse Charge Mechanism Applicability for Body
Corporate / Company
CBEC Introduced Service
Tax Reverse Charge Mechanism in the month of Jul’12 vide Notification
No.30/2012 Dt: 20.06.2012. The following cases will attract service tax in the
hands of service recipients, with effect from 01.07.2012.
|
S.No.
|
Description of a service
|
Service provider
|
Service receiver
|
Percentage
of service tax payable by the person providing service
|
Percentage of service tax
payable by the person receiving the service
|
|
1.
|
Hiring of Motor vehicles
designed to carry passenger
(a)with abatement
(b)without abatement
|
Individual/Firm/HUF
|
Body Corporate
|
Nill
60%
|
100%
40%
|
|
2.
|
Supply of manpower for any
purpose
|
Individual/Firm/HUF
|
Body Corporate
|
25%
|
75%
|
|
3.
|
Works Contract Service
|
Individual/Firm/HUF
|
Body Corporate
|
50%
|
50%
|
|
4.
|
GTA in respect of services provided or agreed
to be provided by a goods transport agency in respect
of transportation of goods by road
|
Goods transport agency
|
Consignor or Consignee is specified person
|
Nil
|
100
|
|
5.
|
Arbitral Tribunal
in respect of services provided or agreed to
be provided by an arbitral tribunal
|
Arbitral tribunal
|
Business entity
|
Nil
|
100
|
|
6.
|
Advocate Services
in respect of services provided or agreed to
be provided by individual advocate
|
Individual advocate
|
Business entity
|
Nil
|
100
|
|
7.
|
Support Service
in respect of services provided or agreed to
be provided by way of support service by Government or local
authority
|
Government
|
Business entity
|
Nil
|
100
|
|
8.
|
Service provided from Non-Taxable Territory to Taxable
Territory in respect of any taxable services provided or agreed to be
provided by any person who is located in a non-taxable territory
and received by any person located in the taxable territory
|
Any person
|
Any person
|
Nil
|
100
|
|
9.
|
Sponsorship
in respect of services provided or agreed to
be provided by way of sponsorship
|
Any person
|
Body corporate or partnership firm
|
Nil
|
100
|
|
10.
|
Insurance Services
in respect of services provided or agreed to be
provided by an insurance agent to any person carrying on insurance
business
|
Insurance agent
|
Business man carrying on insurance business
|
Nil
|
100
|
|
11.
|
Services provided by a Director of a company to the said
company
|
Director of the said Company
|
Company
|
Nil
|
100
|
Note: As per Section 65 B (17) : "Business entity" means any person ordinarily carrying out any activity
relating to industry, commerce or any other business or profession.
