https://www.taxtmi.com/circulars?id=61539 Payment of service tax on a reverse charge basis places liability on notified recipients who must register, file returns and pay tax; a specified list of services is subject to full or partial reverse charge with percentages allocated between provider and recipient. Applicability is subject to conditions (recipient categories, nature of provider, and place of provision), specified exemptions for small providers and certain recipients, prohibition on using CENVAT credit for reverse charge payments, independent liabilities under partial reverse charge, and separate valuation options for works contracts. Non-compliance attracts interest and penalties. en-us Wed, 08 Jul 2015 00:00:00 +0530 Tue, 18 Jun 2019 16:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61539 Payment of service tax on a reverse charge basis places liability on notified recipients who must register, file returns and pay tax; a specified list of services is subject to full or partial reverse charge with percentages allocated between provider and recipient. Applicability is subject to conditions (recipient categories, nature of provider, and place of provision), specified exemptions for small providers and certain recipients, prohibition on using CENVAT credit for reverse charge payments, independent liabilities under partial reverse charge, and separate valuation options for works contracts. Non-compliance attracts interest and penalties. Circulars Service Tax Wed, 08 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61539