Central
Government has further enlarged the scope of Reverse Charge/Joint Charge
Mechanism by adding the following services within its ambit w.e.f. 7th August,
2012.
(Notification
No. 45/2012-ST and 46/2012-ST both dated 7th August, 2012)
S.No.
|
Description of a
service
|
Service Provider
|
Service Receiver
|
Nature of
Charge
|
Percentage
of service tax payable by the person providing service
|
Percentage
of service tax payable by the person receiving the service
|
1.
|
Services provided or agreed to
be provided by a director of a company to the said company
|
Director
|
Company
|
Reverse Charge
|
Nil
|
100
|
2.
|
Security
Services*
|
Individual/HUF/
partnership firm/AOP
|
Business
Entity registered as body corporate
|
Joint
Charge
|
25
|
75
|
*“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.
|
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