19 March 2013
Reverse charge mechanism of Service tax on Security Exp - is there any cut off amount say upto 75k it's not applicable or nothing lik that? also Tds need to be deducted on gross or gross + 25% of ST?
19 March 2013
In case of service tax, no limit of Rs. 75K is available unlike Inocme Tax(in case of TDS). Yes, the TDS is required to be deducted on the amount including the service tax(of 25% of 12.36%) charged by Vendor
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