09 December 2010
We have manpower supply agency on which service tax has to be paid i.e. Salary of suplied employee, say Rs. 15000 Add: Service charges received to placement agency @ 10% from employer Rs. 1500 Total amount Rs.16,500.00 + ST @10.3% on total amount Rs. 16,500, that is Rs. 1700/-My question is whether this calculation is right as per ST rules? Existing rate is 10.3% is correct or not
CAclubindia
