Dear All Service Providers,
Hello all the manpower service providers. There is very good news for all of us who provide manpower in private companies or body corporates. Until 31/03/2015, we were paying 25% service tax for providing manpower services, and 75% was borne by the principal employer. But now, from 01-04-2015, there will be no service tax liability borne by the service provider as full reverse charge 100% service tax is liable to be paid to the government by the service receiver/principal employer/company/body corporate.
For more information, please check the TaxGuru article link: http://taxguru.in/service-tax/impact...-services.html
Regards,
Maharshi Bhatt
From India, Vadodara
Acknowledge(3)
Amend(0)
25Hello all the manpower service providers. There is very good news for all of us who provide manpower in private companies or body corporates. Until 31/03/2015, we were paying 25% service tax for providing manpower services, and 75% was borne by the principal employer. But now, from 01-04-2015, there will be no service tax liability borne by the service provider as full reverse charge 100% service tax is liable to be paid to the government by the service receiver/principal employer/company/body corporate.
For more information, please check the TaxGuru article link: http://taxguru.in/service-tax/impact...-services.html
Regards,
Maharshi Bhatt
From India, Vadodara
Acknowledge(3)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Service Tax.pdf