Reverse charge on service tax
This query is : Resolved
07 August 2013
PLS.EXP.WEATHER PROVISION OF S.S.P. IS APPLICABLE ON REVERSE CHARGE.I.E.IF INDIVIDUAL OR FIRM FROM WHOM WE ARE TAKING LEGAL SERVICE IS COVERED UNDER SMALL SERVICE PROVIDER,THEN SHOULD WE GIVE SERVICE TAX UNDER REVERSE CHARGE.AND IN CASE OF WORK CONTRACT SERVICE, IF CONTRACTOR IS NOT CHARGING ITS 50% SERVICE TAX,THEN SHOULD WE GIVE OUR 50% SERVICE TAX UNDER REVERSE CHARGE TO GOVT.PLS.EXPLAIN.
07 August 2013
mr ankit agarwal.
In your query you have not mentioned anywhere that you are service receiver and you are company, or firm or individual. The reverse charge mechanism applies mostly to companies, registered body corporate.
Based on your reply the query will be answered.
In your query you have not mentioned anywhere that you are service receiver and you are company, or firm or individual. The reverse charge mechanism applies mostly to companies, registered body corporate.
Based on your reply the query will be answered.
08 August 2013
Thanks for correcting my question.we are company and a service receiver.
08 August 2013
Thanks for correcting my question.we are company and a service receiver.
08 August 2013
It is okay Ankit. Irrespective of service provider's turnover and business category, reverse charge is applicable to service receiver. For your query, advocate fee is applicable to you (company) even if the value of bill is Rs.100/=.
For the second question, even if the contractor does not charge any service tax in his bill, as a company 50% liability is there. i hope you know the tax working for works contract
For the second question, even if the contractor does not charge any service tax in his bill, as a company 50% liability is there. i hope you know the tax working for works contract
08 August 2013
In case of work contract,suppose if bill is of Rs.1,000/- Then tax liablilty after abatement is 1,000 * 12.36% *25% = rs.30.9/- hence our liablility is 50% of rs.30.9/- i.e. rs.15.45/-.AM I CORRECT?
10 August 2013
SIR,PLS.ANSWER OF MY PREVIOUS QUERY.ITS URGENT.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- GST ON EXPORT COMMISSION
- RCM INVOICING FROM NOV-2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
