Supply of material
This query is : Open
19 April 2013
Dear Sir,
If a vendor is not a authorised vendor in Service Tax(not having S Tax Code)and when he supply materials and with labour he submit a bill to a company. What should the company do that mean what is the Service Tax implications here in that particular bill before releasing his bill.
Please help.
Regards,
Ashim
If a vendor is not a authorised vendor in Service Tax(not having S Tax Code)and when he supply materials and with labour he submit a bill to a company. What should the company do that mean what is the Service Tax implications here in that particular bill before releasing his bill.
Please help.
Regards,
Ashim
19 April 2013
ITS COMES UNDER WORK CONTRACT, CO. IS LIABLE TO PAY TAX ON 50% PORTION, WHETHER THE PROVIDER IS REGISTERED OR NOT.
THOUGH COMPANY CAN NOT TAKE THE CREDIT IF THE PROVIDER IS NOT REGISTERED AS THE INVOICE GIVEN BY HIM WOULD NOT BE SUFFICIENT DOCUMENT FOR TAKING CCR.
THOUGH COMPANY CAN NOT TAKE THE CREDIT IF THE PROVIDER IS NOT REGISTERED AS THE INVOICE GIVEN BY HIM WOULD NOT BE SUFFICIENT DOCUMENT FOR TAKING CCR.
11 April 2014
Dear Sir, Thanks for your reply, but I have some queries.
1. What is the Credit that company gets
2. Whether the Un-registered vendor mentioned Service Tax of that 50% in his Invoice that he will submit to the Company.
1. What is the Credit that company gets
2. Whether the Un-registered vendor mentioned Service Tax of that 50% in his Invoice that he will submit to the Company.
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