19 April 2012
DEAR ALL FROM WHICH DATE NOTIFICATION NO 15/2012 SERVICE TAX, DATED 17.03.2012 WILL COME INTO FORCE, AS WE ARE CONCERNED WITH PAYMENT OF SERVICE TAX ON MANPOWER SUPPLY SERVICES AND WORKS CONTRACT SERVICES.
IN THIS NOTIFICATION GOVERNMENT HAS PRAPOSED TO PAY 25% SERVICE TAX BY SERVICE PROVIDER AND 75% BY SERVICE RECEIVER ON MANPOWER SUPPLY SERVICES AND 50% BY SERVICE PROVIDER AND 50% BY SERVICE RECEIVER IN CASE OF WORKS CONTRACT SERVICES.
19 April 2012
From the date of enactment of finance Act,2012 , if all goes well it is expected to be made applicable from 1.7.2012 along with section 66B
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