https://www.taxtmi.com/article/detailed?id=1887 The author advocates expanding the Reverse Charge Mechanism for service tax instead of implementing Service Tax Deduction at Source, proposing two lists - a Service Provider List for organized suppliers and a Service Receiver List for larger recipients who would pay tax on services from non SP providers. This reduces the number of taxable entities, makes collection largely final after CENVAT, and avoids STDS's provisional nature, refund exposure, increased compliance burden and heightened evasion risks arising from numerous small providers. en-us Fri, 14 Sep 2012 07:25:10 +0530 Fri, 14 Sep 2012 07:25:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1887 The author advocates expanding the Reverse Charge Mechanism for service tax instead of implementing Service Tax Deduction at Source, proposing two lists - a Service Provider List for organized suppliers and a Service Receiver List for larger recipients who would pay tax on services from non SP providers. This reduces the number of taxable entities, makes collection largely final after CENVAT, and avoids STDS's provisional nature, refund exposure, increased compliance burden and heightened evasion risks arising from numerous small providers. Articles Service Tax Fri, 14 Sep 2012 07:25:10 +0530 https://www.taxtmi.com/article/detailed?id=1887