13 July 2010
Yes you need to charge service tax for excess amount @ 10.30 %. Further details can be provided after knowing details of transaction in details.
My client raise bills for air\ ocean freight. They have incurred Rs.5000/-. But they charge their client for Rs.7000/- In that case, what is the option left to us.............
Is that applicable only on Excess Rs.2000/- or entire rs.7000/-?