I am accountant of a concern providing placement service to insurance sector, we provide permanent staffing to the companies,
i have confusion regarding change in service tax law about making of invoice... i.e. previously we make inv.@ 12.36 % service tax now some our client said to charge s.t.@ 3.09 % i.e. 25 % of service tax on invoice... and bal.75 % will be paid by service receiver,
I just want to confirm that is this law applicable on us or it is only on temporary staffing...