My company is a private limited company and does not have a service tax registration as is covered in Export of Service.
We are receiving a cab service from a provider which is a firm.
Post July 2012,they are asking us to pay 40 % service tax as incidence of service tax is moved to service receipent which we can not do as we do not have a service tax registration.
What is the resolution on this ?
Please advise at the earliest ..
Regards, Supriya
Guest
Guest
(Expert)
21 August 2012
As per reverse service tax mechanism you are required to get registered for service tax and pay 40% s.tax and file return without any basic exemption. and if this cab services is used for export purpose then you can claim refund of the entire service tax i.e.100% another way is change your service provider i.e.if service provider i.e. cab provider in your case , is company then you will not be required to pay 40% service Tax and not liable to registration but still you can avail refund
Guest
Guest
(Expert)
21 August 2012
avail refun if service is used for export purpose only. for any query you can further ask on this site or email me on vivektrivedi1411@gmail.com
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