11 July 2012
Hello, Kindly guide me what is the rate of service Tax on Man Power Supply after 1st july 2012, and also furnish me rate of education cess
11 July 2012
Man Power supply contracts are covered under Reverse charge method to the extent w.e.f 01/07/2012. where service receiver has to pay service tax @ 12% and 2% ED, 1% SHEC on 75% of the value and Service provider has to pay same rates on 25% of the bill value.