Reverse charge

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

22 June 2015 We are availing man power service from a individual contractor. From FY 2015-16, we are liable for 100% service tax under reverse charge. But the contractor have paid 25% by itself and charging this 25% in invoice.Is this a correct invoice?
now what percentage of service tax we have to deposit i.e. 100% or 75% (as 25% is already paid by contractor)

Rupesh Jain

Rupesh Jain (Expert)
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22 June 2015 if you are pvt ltd or ltd company the you have to pay 100% service tax on the billing amount under RCM.

pls see
taxguru.in/service-tax/reverse-partial-reverse-mechanism-chart-0104201

Rupesh Jain

Rupesh Jain (Expert)
Follow

22 June 2015 if you are pvt ltd or ltd company the you have to pay 100% service tax on the billing amount under RCM.

pls see
taxguru.in/service-tax/reverse-partial-reverse-mechanism-chart-0104201

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Rupesh Jain

Rupesh Jain (Expert)
Follow

22 June 2015 if you are pvt ltd or ltd company the you have to pay 100% service tax on the billing amount under RCM.

pls see
taxguru.in/service-tax/reverse-partial-reverse-mechanism-chart-0104201