15 December 2012
AS per new notification of service tax , we have we liable to deduct & deposit 75% service tax from Inv received from civil contractors ????????
If the Contractors is Individual, HUF, AOP,Partnership Firm and providing services to a business entity registered as body corporate then 50% tax is payable by Recipient and 50% by provider, See notification No. 30/2012 ST dated 20-06-2012.
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