Now, w. e. f. 07.08.2012, following additional services shall be covered by reverse charge mechanism:
Sl. No.
|
Nature or Description of
service |
% of Service Tax payable by service provider
|
% of Service Tax payable by service Recipient
|
1.
|
Security Services provided by Individual, HUF, partnership firm or AOP to body corporate business entity
[Security services" means services relating to the security of any property, whether movable or immovable, or of any person, in any manner and includes the services of investigation, detection or verification, of any fact or activity- Rule 2(fa) of Service Tax Rules, 1994]
|
25%
|
75%
|
2.
|
Services by a director of a company to the said company
|
Nil
|
100%
|
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