payment of service tax on reversed charge method.

[vinay wakde]

Whether service provided by  a Chartered Accountant, legal advisors, consultant other than Individual Advocates  to the Company is also covered under reverse charge mechanism w.e.f. 01.07.2012 and the service receipient has to pay the service tax?

Regards,

VINAY 

AI Summary

Reverse charge mechanism: receiver liable for service tax on advocate firms and advocates, not on chartered accountants or consultants.
The reverse charge mechanism applies to services rendered by advocates, including firms of advocates, so the service recipient is liable to pay service tax on those services; chartered accountants and consultants are not covered by that notified entry.