30 January 2016
Dear Sir, Suppose service provider in case of work contract, charges service tax on the 40% of gross amount. Rest 60% amount is called as exempted amount or it would be called as abetment ? Please clarify.
30 January 2016
Suppose gross amount is Rs. 1000/- and we have charged 14% on 400/- . Then we collected 50% from our coustomer under RCM. Then we should give service tax rate 7% or We should give tax rate @14% in st-3.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
30 January 2016
I should mention 7% rate in advalorem rate col. or in specific rate column ?