Government is seeking to impose KKC in cases, where the invoice and provision
of service has taken place prior to June 1, 2016, however payment is not
received till June 1, 2016. This would imply that on all debtors as on May 31,
2016, assesses will be liable to pay KKC. KKC would be payable in case liability to pay Service
tax is on service provider but under similar situation KKC would not be payable when liability to pay
Service tax is on the service recipient under reverse charge.
Read more:
https://drive.google.com/file/d/0B1rRav-P4-8JY0RKcnZMOWpvMWM/view?usp=sharing
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