Refund of service tax on consultancy fees
This query is : Resolved
26 April 2013
Dear Expert,
I had subscribed for service of oversees job seeking consultant and paid 12.36% as service tax on fees. In my contract with consultant, in case if they are unable to assist me to get new Job, the 60% of the fees are refundable.
My question is whether I am eligible to claim the difference amount of service tax paid from consultant along with my refundable fees.
Please help
I had subscribed for service of oversees job seeking consultant and paid 12.36% as service tax on fees. In my contract with consultant, in case if they are unable to assist me to get new Job, the 60% of the fees are refundable.
My question is whether I am eligible to claim the difference amount of service tax paid from consultant along with my refundable fees.
Please help
26 April 2013
that depends on your contract and terms with the consultant as you have paid service tax to him so you have to ask refund from him.
though if they pay you the service tax they are eligible to adjust the excess paid service tax to the government from their next liability of tax payment as per rule 6(3) of service tax rules.
so if they give it back to you they will get it back.
but before prior contract, these days they companies dont do the same as it was your money they dont wanna bother themselves. cruel practice.
though if they pay you the service tax they are eligible to adjust the excess paid service tax to the government from their next liability of tax payment as per rule 6(3) of service tax rules.
so if they give it back to you they will get it back.
but before prior contract, these days they companies dont do the same as it was your money they dont wanna bother themselves. cruel practice.
01 May 2013
Dear Vikas Sir,
Thank you for insight and reference. Surly this will help me to claim the excess tax from the consultant.
Thank you,
Theo Wilson
Thank you for insight and reference. Surly this will help me to claim the excess tax from the consultant.
Thank you,
Theo Wilson
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
