| Sl.No. | Description of a service | Percentage of ST payable by Service Provider | Percentage of ST payable by Service Receiver | Eligible Service Reciever |
| 1 | services provided or agreed to be provided by an insurance agent to any person carrying on insurance business | Nil | 100% | Any one carrying Insurance Business |
| 2 | services provided or agreed to be provided by a goods transport agency in respect of transportation of goods by road | Nil | 100% | Company, Firm, Factory, Society, Excise registered assessee |
| 3 | services provided or agreed to be provided by way of sponsorship | Nil | 100% | Company and Firm |
| 4 | services provided or agreed to be provided by an arbitral tribunal | Nil | 100% | Any Business entity |
| 5 | services provided or agreed to be provided by individual advocate | Nil | 100% | Any Business entity |
| 6 | services provided or agreed to be provided by way of support service by Government or local authority | Nil | 100% | Any Business entity |
| 7 | (a) in respect of services provided or agreed to be provided by way of renting or hiring any motor vehicle designed to carry passenger on abated value. | Nil | 100% | Company |
| (b) in respect of services provided or agreed to be provided by way of renting or hiring any motor vehicle designed to carry passenger on non abated value. | 60% | 40% | ||
| 8 | services provided or agreed to be provided by way of supply of manpower or Security services(inserted in notification 45-46 dated 07/08/2012) for any purpose | 25% | 75% | Company |
| 9 | services provided or agreed to be provided by way of works contract | 50% | 50% | Company |
| 10 | any taxable services provided or agreed to be provided by any person who is located in a non-taxable territory and received by any person located in the taxable territory(IMPORT OF SERVICES) | Nil | 100% | Any Person |
| 11 | provided or agreed to be provided by a directorof a company to the said company | Nil | 100% | Company |
Important Points in Reverse Charge Mechanism |
|
| 1 |
Credit of tax paid can be availed by service recipient if it is input service for him |
| 2 |
The credit of tax paid by the service recipient under partial reverse charge would be available on the basis on the tax payment challan (but invoice required) |
| 3 |
Service provider under Reverse Charge Mechanism may claim refund of tax paid under rule 5(b) of CCR, 2004 |
| 4 |
Service Tax under reverse charge to be paid within 6 months on actual payment (Rule 7 of POT Rules, 2011) |
| 5 |
Small scale benefit is available only to service provider (not to service receiver), if entitled |
| 6 |
Service receiver under reverse charge cannot avail exemption of Rs. 10 lakh under Notification No. 33/2012-ST dated 20.06.2012 |
| 7 |
Service Tax under reverse charge has to be paid only by cash vide GAR Challan No. 7 and it cannot be paid by way of utilization of Cenvat Credit. |
| 8 |
Once paid, Cenvat credit can be taken for paying eligible input service |
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