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St for non pvt ltd

sudhakar (Manager) (26 Points)

29 July 2016

Dear sir, may i know whether service tax not applicable for non private ltd

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3 Replies

K.RAJA (Tax Consultant) (217 Points)
Replied 31 July 2016

Dear Sir,

Which status does your concern belong to?..if Proprietorship, Partnership firm, LLP..& Explain what kind of services are made in your concern..? than only we can have a conclusion about it.

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sudhakar (Manager) (26 Points)
Replied 02 August 2016

Dear sir,

Goodday!.We are manufacturing company. We are getting service bill from our vendor.It is a firm .They charged 15% fully tax.whether we have to pay the full tax to party or any RCM working is there.Type of service is testing work.

Mir Irshad Ali (Partner) (192 Points)
Replied 02 August 2016

Service Tax is payable by the service recipient under Reverse Charge Mechanism only in respect of services which are specified under Notfn No. 30/2012-S.T.

"Testing Service" is appropriately covered under the category of "Business Auxiliary Service", which is not specified under Notfn No. 30/2012-S.T for Reverse Charge. Hence no service tax is payable by you under RCM.

The full amount of Service tax chared by the Vendor is to be paid to the vendor.