a business concern always wants to use some debt capital within the statutory upper limit i.e 2:1 debt equity ratio.therefore,a firm may plan to repay one long term loan by tapping another long term source.in that case the denominator used in the debt service coverage ratio seems to be unreasonably high
plz explain this paragaph
My question is :
Service provider provides Supply of man power service,
Accordingly the service provider has to bear 25% of the service tax liability and service recipient has to bear 75% of the liability.
So,For eg :
Value of service provided = Rs. 100
Service provider has to bear=3.09 (ie 25% of 12.36)
Service recipient has to bear=9.27 (ie. 75% of 12.36)
Now, if the service provider charged whole service tax to the service recipient.
How much service tax can service recipient recover from service provider ?
Please help,
Reply asap !
Thank you.
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dear sir ..
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Debt service coverage ratio