Service Tax on reverse charge method - reg.

[vinay wakde]

The service recipient has to pay service tax on reverse charge method w.e.f. 01.07.2012 on various catagory of the services. kindly clarify whether the catagory of the services on which service tax to be paid on reverse charge method is required to be included in existing service tax registration certificate by the assessee before actual payment.

Regards,

VINAY

AI Summary

Reverse charge service tax: single accounting head requires ST-2 amendment selection as "other than in the negative list".
Recipients must pay service tax under the reverse charge regime consolidated into a single accounting head "Other than in the negative list"; ST-2 registration need not be amended category-wise and in ACES the registrant must select that single accounting head. Cenvat credit on manpower supply is allowable for both portions of tax (provider and recipient) subject to Cenvat Credit Rules eligibility.