08 July 2015
sir, my client is doing stitching of shirt, he is getting cloth from his client and provide service of stitching shirt. his current year receipt more than 10 lack, how much service tax he has to pay? and any abatement or reverse charges is there ?
08 July 2015
Service tax has to be paid at 12.36% up to 31st May and thereafter at 14% on 100% value provided it is not a manufacturing activity and no excise duty paid by cloth provider. Abatement reverse charge not applicable for job work.
CAclubindia
