Liability of st payment under rcm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 September 2016
Dear Experts,
We are service receiver and had
Awarded contract to individual
Contractor in our case RCM will be applicable but the service provider is not
Registered in ST due to 10 lacs exemption please tell me who will pay
His ST on 50% in this case weather he
need to get registered in ST inspite having turnover below 10 lacs,
Regard
Sumit
We are service receiver and had
Awarded contract to individual
Contractor in our case RCM will be applicable but the service provider is not
Registered in ST due to 10 lacs exemption please tell me who will pay
His ST on 50% in this case weather he
need to get registered in ST inspite having turnover below 10 lacs,
Regard
Sumit
17 September 2016
The service provider can take the ssi exemption but service recipient are liable to pay service tax on own part i.e. 50%.
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 September 2016
Sir,
Service receiver (company) will pay its 50% ST
But what about the service provider portion
Weather No one will pay his 50% ST
Service receiver (company) will pay its 50% ST
But what about the service provider portion
Weather No one will pay his 50% ST
17 September 2016
No need to pay service tax on the part of service provider portion.
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