https://www.taxtmi.com/article/detailed?id=1910 Reverse charge mechanism shifts service tax liability to the service receiver for specified services, either wholly or proportionately. Full reverse charge covers categories such as insurance agents, goods transportation by road, sponsorship, arbitral tribunals, legal services and director's services; proportional reverse charge covers renting of motor vehicles with driver, manpower supply and security services, and works contracts. The recipient is statutorily obliged to pay cash by challan and cannot use Cenvat credit; applicability is subject to territorial, recipient status and provider category conditions, with valuation and point of taxation rules governing ongoing contracts. en-us Wed, 03 Oct 2012 09:32:36 +0530 Wed, 03 Oct 2012 09:32:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1910 Reverse charge mechanism shifts service tax liability to the service receiver for specified services, either wholly or proportionately. Full reverse charge covers categories such as insurance agents, goods transportation by road, sponsorship, arbitral tribunals, legal services and director's services; proportional reverse charge covers renting of motor vehicles with driver, manpower supply and security services, and works contracts. The recipient is statutorily obliged to pay cash by challan and cannot use Cenvat credit; applicability is subject to territorial, recipient status and provider category conditions, with valuation and point of taxation rules governing ongoing contracts. Articles Service Tax Wed, 03 Oct 2012 09:32:36 +0530 https://www.taxtmi.com/article/detailed?id=1910