Wednesday, May 15, 2013

REVERSE CHARGE MECHANISM UNDER SERVICE TAX -PPT


on Wednesday, May 15, 2013

The Reverse Charge was introduced in Service Tax vide Budget of the year 2005-2006. At that point of time there was only one service which was covered under Reverse Charge. However, with the passage of time this list has been expanded and at present this list contains 11 services into it which covers both Reverse Charge and Partial Reverse Charge.

Reverse charge in service tax means that instead of service provider service receiver is liable to deposit tax to department. In partial reverse charge service provider and service receiver both are liable to deposit service tax at prescribed rates.

Service tax deposit due date under reverse charge /point of taxation in reverse charge is explained here.


A Presentation on Reverse Charge & Joint/Partial reverse Charge is provided below for your ready reference.

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  1. Not able to download the presentation

    ReplyDelete
    Replies
    1. To save the presentation click on "slideshare" left bottom of the presentation ,in next page ,click on save ,to save the PPT in PDF

      Delete
  2. AFTER CLIECK ON SLIDE SHAREN THEN SAVE IT ASKING SOME E MAIL ID OF SLIDE SHARE, WHICH WE DONT HAVE,,, HOW TO DOWN LAD PPT .

    ReplyDelete
  3. Dear Sir,

    Its Very usefull, Please can you send me the format of invoice for reversal charges.

    ReplyDelete