Service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 November 2012
Dear Experts
We have not taken service tax registration.
we are receiveing below services
1. Freight inward and outward(No ST in thier Bill)
2. Security service(charged ST @ 12.36%)
3. Jobwork of material(ST @ 12.36%)
Is we need to pay service tax on above as per new amendment, if yes at what rate & percentage.
please clarify in detail
We have not taken service tax registration.
we are receiveing below services
1. Freight inward and outward(No ST in thier Bill)
2. Security service(charged ST @ 12.36%)
3. Jobwork of material(ST @ 12.36%)
Is we need to pay service tax on above as per new amendment, if yes at what rate & percentage.
please clarify in detail
10 November 2012
Yes you need to pay service tax on the above services
1. Freight Inward - if the freight is borne by you i.e if you purchase goods from the party and pay freight as reimbursement to the purchaser then you did not need to pay service tax but if you pay freight to the transporter then you are required to pay service tax
2.Freight Outward - you need to pay service tax since freight is beard by you and you are claiming reimbursement from party to whom you sold the goods
Security Services and works contract - if your concern's constitution is of body corporate i.e. Company and the services are received from person other than a company then you need to pay service tax on it
service abatement%
1. Security 25
2. works 50
in the above services you will pay tax on 75% amount of security
and 50% on works contract
1. Freight Inward - if the freight is borne by you i.e if you purchase goods from the party and pay freight as reimbursement to the purchaser then you did not need to pay service tax but if you pay freight to the transporter then you are required to pay service tax
2.Freight Outward - you need to pay service tax since freight is beard by you and you are claiming reimbursement from party to whom you sold the goods
Security Services and works contract - if your concern's constitution is of body corporate i.e. Company and the services are received from person other than a company then you need to pay service tax on it
service abatement%
1. Security 25
2. works 50
in the above services you will pay tax on 75% amount of security
and 50% on works contract
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 November 2012
Ours is Pvt Ltd and Security service if Proprietor
Pls advice
Pls advice
10 August 2023
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