Services provided as an it consultant

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 January 2016 Ours is a IT Consultant firm running as a Proprietorship firm.I Develope Software for my Clients at their Place only.So Receipts for these services will be counted for calculating limit of Rs.10 lacs.
Now I also appoint some software developers under me and place them at client place.Now I hire an employee at X amt.The client pays me for that employee Y amt.(Y>X).So the rest is my Profit.Should Whole amount Y will be considered for limit of 10 lacs or (y-x) will be considered.

How Servicetax law will apply in this situation

07 January 2016 full 'Y' amount need to be considered sir

07 January 2016 You cannot claim reimbursements under service tax act. You have charge and collect service tax on the bill value. Hence it should be on Y




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