Manpower service

This query is : Open

Girish Gupta (Querist)
Follow

27 September 2012 Dear Expert
Suppose i am a man power service provider, as per notification no. "15/2012-service tax" Percentage of service tax payable by the person providing service is 25% and percentage of service tax payable by the person receiving the service is 75%, i am confuse about performa of invoice. please tell me performa of invoice as soon as possible.

Thank you........

RENGARAJ R.K

RENGARAJ R.K (Expert)
Follow

27 September 2012 What do you mean by performa of invoice? (must be proforma invoice)

Do you want a model invoice? estimate of invoice to be sent to party about manpower billing?

Please reply to answer the query.

Girish Gupta

Girish Gupta (Querist)
Follow

27 September 2012 yes i want a model invoice and please also describe this i cannot understand 25% and 75 % ratio

Upgrade to CAclubindia Pro. Subscribe Now!

Girish Gupta

Girish Gupta (Querist)
Follow

27 September 2012 yes i want a model invoice and please also describe this i cannot understand 25% and 75 % ratio

RENGARAJ R.K

RENGARAJ R.K (Expert)
Follow

28 September 2012 ABC ASSOICIATES
N.DELHI
SERVICE TAX REGN NO.XXXXST001

(PROFORMA OF INVOICE FOR SERVICE TAX PURPOSE)
-------------------------------------------
INVOICE NO. XXX
DATE XX.XX.2012

TO

XYZ LTD.,
N DELHI.

SERVICE CHARGES FOR MANPOWER EMPLOYED
20 X 7500 =RS.150000

ADD: 12.36 % SERVICE TAX ON 25% =RS. 4635
OF THE BILL AMOUNT i.e
ON RS.37500.00
---------
TOTAL RS.154635

=========
(RUPEES ONE LAC FIFTY FOUR THOUSAND SIX HUNDRED AND THIRTY FIVE ONLY)
FOR ABC ASSOCIATES

-------------------------------------------

THIS IS THE FORMAT. THE SERVICE RECEIVER AFTER MAKING PAYMENT TO YOU, WILL REMIT SERVICE TAX @12.36% ON HIS PART 75% OF THE BILL i.e RS.112500.

Message likes : 1 times

Girish Gupta

Girish Gupta (Querist)
Follow

09 October 2012 Dear sir can u please tell me that what is the entry done by service receiver....a am waiting ur reply

Girish Gupta

Girish Gupta (Querist)
Follow

11 October 2012 sir please reply as soon as possible

Girish Gupta

Girish Gupta (Querist)
Follow

11 October 2012 sir please reply as soon as possible

Upgrade to CAclubindia Pro. Subscribe Now!