14 August 2013
we are a trading company, a security gaud servise co. issued us bill Rs. 11236(10000+s.t), as per reverse charge machani. what would be our liability of S.T. what would be the bill amount.
15 August 2013
If service provider is a non-corporate/on LLC and you are a corporate business entity then only the RCM is applicable. Where RCM is applicable the service provider should charge only 25% of service tax
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