<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Service tax on reverse charge mechanism - w.e.f. 1.7.2012</title>
    <link>https://www.taxtmi.com/notifications?id=24742</link>
    <description>Notification prescribes a reverse charge mechanism for specified services whereby the service recipient bears the service tax liability wholly or partially. Covered services include insurance agent services to insurers; goods transport agency services for road transport to specified consignors/consignees; sponsorship to corporate/partnership recipients; arbitral tribunal and individual advocate services; government/local authority support services to business entities; renting/hiring of passenger motor vehicles (abated and non abated valuation); supply of manpower; works contracts; and services received from non taxable territory providers. The notification sets the provider/recipient tax shares and treats the freight payer for road carriage as the recipient.</description>
    <language>en-us</language>
    <pubDate>Sat, 17 Mar 2012 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 21 Jun 2012 11:40:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=290758" rel="self" type="application/rss+xml"/>
    <item>
      <title>Service tax on reverse charge mechanism - w.e.f. 1.7.2012</title>
      <link>https://www.taxtmi.com/notifications?id=24742</link>
      <description>Notification prescribes a reverse charge mechanism for specified services whereby the service recipient bears the service tax liability wholly or partially. Covered services include insurance agent services to insurers; goods transport agency services for road transport to specified consignors/consignees; sponsorship to corporate/partnership recipients; arbitral tribunal and individual advocate services; government/local authority support services to business entities; renting/hiring of passenger motor vehicles (abated and non abated valuation); supply of manpower; works contracts; and services received from non taxable territory providers. The notification sets the provider/recipient tax shares and treats the freight payer for road carriage as the recipient.</description>
      <category>Notifications</category>
      <law>Service Tax</law>
      <pubDate>Sat, 17 Mar 2012 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/notifications?id=24742</guid>
    </item>
  </channel>
</rss>