I have received an invoice of service charges for repair of the generator from an individual of Rs. 1246 on which he has levied service tax @12.36%. Plz tell me how to book this bill, whether he has sent the right bill and also the rule of reverse mechanism applicable.
18 July 2013
You must explain first whether repair of generator is under AMC. If it is AMC, it is coming under works contract -others and it is liable to paid by joint mechanism in reverse charge. Whether repairs include spare parts and service charges?
CAclubindia
