What is the meaning of Partial reverse charge? Which services are covered under partial reverse charge as on 01/04/2015? Whether service tax liability may be on the persons other than service provider and service receiver?
1 April, 2015
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Partial reverse charge: service tax liability split between provider and recipient; third-party payers allowed under notification A scheme of partial reverse charge allocates service tax between provider and recipient by notifying services and the share payable by the recipient, the ... Summary
Partial reverse charge: service tax liability split between provider and recipient; third-party payers allowed under notification
A scheme of partial reverse charge allocates service tax between provider and recipient by notifying services and the share payable by the recipient, the provider paying the remainder. As at 01/04/2015 the notification covers renting of passenger motor vehicles to persons not in the same business and the service portion of works contracts. The framework also allows liability to be placed on persons other than provider or recipient, for example a representative of an aggregator, where so notified.
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