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CHANGES IN REVERSE CHARGE MECHANISM AFTER BUDGET 2016 FROM 1/4/16

  1. Services of mutual fund agents/ distributor to a mutual fund or assets management company are being put under forward charge.
  2. The liability to pay service tax on any service provided by government or a local authority to Business Entities shall be on service recipient under reverse charge basis (RCM).
Abhishek Sharma

Abhishek Sharma

Is a Practicing CA from Delhi .
Abhishek Sharma
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