15 November 2014
A company's sales are job work activities and in that service tax will be there then if tds exist whether we should deduct tax on amt including service tax or only on job work charges amount
16 November 2014
Your question is not fully clear.However,on your service charges amount you can collect ST as inclusive of it. Suppose you have to charge Rs20,000/- as service charge,you can split it as Rs17800/- as service charge and Rs2,200/-(@12.36%)as ST. While making payment also the service earnings can be split in this way. If the service receiver has done TDS(RCM method),then such TDS amount can be availed as set off,while making qurterly payments and shown in the returns.....mjk
CAclubindia
