Tag: Sandvik Asia Pvt. Ltd

Liability To Pay Service Tax Under Reverse Charge – Whether Tax Is Payable By The Service Recipient Even If Already Collected And Paid By Service Provider?

The basic principle governing indirect taxes is that the incidence of tax is borne by consumer and not by the person supplying such goods or services. The tax so charged and collected from such consumer is required to be deposited to the Government by the person supplying such goods or services, who is also required … Continue reading Liability To Pay Service Tax Under Reverse Charge – Whether Tax Is Payable By The Service Recipient Even If Already Collected And Paid By Service Provider?

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