Service tax
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Service Tax PowerPoint PPT Presentation


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Service Tax. Reverse & Joint Charge Mechanism. Purpose Meaning Relevant Notification Applicability of New Partial Reverse Charge Mechanism Special Points . Purpose of Reverse Charge Mechanism . Meaning of Reverse Charge Mechanism .

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Service Tax

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Service tax

Service Tax


Reverse joint charge mechanism

Reverse & Joint Charge Mechanism

  • Purpose

  • Meaning

  • Relevant Notification

  • Applicability of New Partial

    Reverse Charge Mechanism

  • Special Points


Purpose of reverse charge mechanism

Purpose of Reverse Charge Mechanism


Meaning of reverse charge mechanism

Meaning of Reverse Charge Mechanism

  • Every person providing a taxable service is required to pay service tax at the prescribed rate.

  • However in certain cases the service recipient is made liable to pay service tax on the services received.

  • Since the person receiving services is made liable to pay service tax, the mechanism of collection of such tax is called as reverse charge (RCM)


Relevant notification

Relevant Notification


List of services covered under 30 2012 notification

List of Services covered under 30/2012 Notification


Applicability of new partial reverse charge mechanism w e f 1 7 2012

Applicability of New Partial Reverse Charge Mechanism w.e.f 1.7.2012


Special points

Special Points


Invoice by advocate 50 50

Invoice by Advocate 50:50


Special points in case of sp is advocate

Special Points in case of SP is Advocate


Invoice format for manpower supplier

Invoice Format for Manpower Supplier


Notes on manpower supply

Notes on Manpower Supply


Invoice format for work contractor

Invoice Format for Work Contractor


Special notes on work contractor

Special Notes on Work Contractor


Continued

Continued……


Thank you

Thank You


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