Service tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 September 2014 Dear sir,
I have a query about works contact service. If i provide works contact service of Rs 50000/- than how much I have to collect service tax from the service receiver ? and how much i have to pay in my pocket.

Thanking You

Ravindra Acharya

Annu Agarwal

Annu Agarwal (Expert)
Follow

02 September 2014 If you the service provider is a Individual,HUF or AOP or Partnership firm whether registered or not and the Service receiver is a Body corporate then 50% service tax shall be paid by you and remaining 50% by receiver.

Querist : Anonymous

Querist : Anonymous (Querist)

02 September 2014 Sir,
Shall we collect his portion of service tax in my bill or him self he pay the tax

please clarify

Thanking Yoy

Upgrade to CAclubindia Pro. Subscribe Now!

Annu Agarwal

Annu Agarwal (Expert)
Follow

02 September 2014 For the 50% portion required to be paid by service receiver directly to government,you may not show the same in your bill.Just inform him verbally.

For your 50% you may charge the same in yourbill.

Querist : Anonymous

Querist : Anonymous (Querist)

02 September 2014 sir Thank you very much