21 September 2014
My Service is Work Contract (Partial Reverse charges is applicable),Tax Rate is 4.95%(12.36*40%),Taxable Service is RS 10000.But service Tax is not collected from Service Receiver.How much amount I need to pay Govt as Service Tax?
21 September 2014
When service tax is not shown separately in invoice, sums collected by the assessee should be regarded as cum-tax and service tax is to be determined by back calculations. By back working pay only partial reverse charge.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
22 September 2014
sir what about in case received as advance?