I'm working in a real estate company and we are paying service tax under RCM under Legal, Rent a Cab, Works Contract, Man power, Security Fee, GTA and Sponsorship services.
Whether my company is eligible for Refund? what are the conditions?
Sajin (CMA Final) (34 Points)
03 September 2014I'm working in a real estate company and we are paying service tax under RCM under Legal, Rent a Cab, Works Contract, Man power, Security Fee, GTA and Sponsorship services.
Whether my company is eligible for Refund? what are the conditions?
Gagan Deep Singh
(CHARTERED ACCOUNTANT)
(1190 Points)
Replied 03 September 2014
Under notification no. 12/2014 dated 12.03.2014 read with rule 5B of CCR 2004 u can claim refund under Partial RCM only. It means following services are eligible.
1. Work Contract Service.
2. Supply of Manpower or Security Services
3. Renting of Motor Car on non abated Value.