https://www.taxtmi.com/forum/issue?id=4898 The reverse charge mechanism applies to the service component of a works contract where the provider is an individual, HUF or partnership firm and the receiver is a registered body corporate; the service tax on the service portion is shared equally between provider and receiver. The valuation notification dealing with works contract valuation governs the method for determining the service portion to be taxed under this sharing arrangement. en-us Sun, 04 Nov 2012 13:51:51 +0530 Thu, 23 Jan 2025 15:57:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4898 The reverse charge mechanism applies to the service component of a works contract where the provider is an individual, HUF or partnership firm and the receiver is a registered body corporate; the service tax on the service portion is shared equally between provider and receiver. The valuation notification dealing with works contract valuation governs the method for determining the service portion to be taxed under this sharing arrangement. Discussion-Forum Service Tax Sun, 04 Nov 2012 13:51:51 +0530 https://www.taxtmi.com/forum/issue?id=4898