Service tax
This query is : Resolved
20 October 2010
Dear Experts,
We are in helicopter chartering business. These days we are operating at kedarnath Temple. we have hired a helicopter for the same. They issued us their invoice including service tax @10.3% but we are charging service tax of Rs. 100/- per ticket to the devotees as per government rueles. Now pls guide me if we should pay this company the total amount including service tax @10.3% or we should pay the amount excluding service tax?
Thanks n regards
Preeti
We are in helicopter chartering business. These days we are operating at kedarnath Temple. we have hired a helicopter for the same. They issued us their invoice including service tax @10.3% but we are charging service tax of Rs. 100/- per ticket to the devotees as per government rueles. Now pls guide me if we should pay this company the total amount including service tax @10.3% or we should pay the amount excluding service tax?
Thanks n regards
Preeti
21 October 2010
What ST you are charging has nothing todo with the ST charged by the owner of the Helicopter. They are charging you ST on the gross amount as per the rules under the category of supply of tangible goods.Since they keep control and possession of the Asset.
21 October 2010
There are two things. One is the service charged by your service provider in accordance with the provisions of service tax scheme. Perfectly alright. You have to honour their bill including service tax.
Second thing is what is obligatory on your part to discharge output service tax, when you provide services to your customer. You have to discharge the service tax as per the service tax schme. This has nothing to do with your status as service receiver.
Second thing is what is obligatory on your part to discharge output service tax, when you provide services to your customer. You have to discharge the service tax as per the service tax schme. This has nothing to do with your status as service receiver.
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?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Should I report my US salary for January, February, March in Schedule FA?
- GST ON EXPORT COMMISSION
- Sale of property furniture sale
- 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 ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
