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Reverse charge mechanism

Page no : 3

vishva (article) (25 Points)
Replied 18 July 2012

Originally posted by : Ajit kumar Dubey
Why all the articles are asking the same question. Any ways, as you must be aware of that the format for ST-3 is to be changed very soon by the department. So wait until the revised format is available on the public domain.
TDS is to be deducted on the amount paid and not on the basic value. TDS will be deducted from the total bill value and not by excluding the service tax payable on the same.

Thnx a lott

Bt i found that reverse charge is already apllicable, where as no information of ST - 3 chnges found...

for half year ending every assessee will require to file ST-3 i think if till than u think that ST-3 form will change.


Ajit kumar Dubey (Taxation Manager) (637 Points)
Replied 18 July 2012

Originally posted by : abhinav gupta

Thank you ajit sir..
I was also think that it is 4.94 % but have doubt.
Is it applicable from 1st july ??

Yes it is with effect from 01-07-2012.

Ajit kumar Dubey (Taxation Manager) (637 Points)
Replied 18 July 2012

Vishva please come back you query is not clear to me

vishva (article) (25 Points)
Replied 25 July 2012

I was asking abt reverse charge.... It is applicable now and how to report that in to ST - 3 form?


CA Vishal Sharma (Sole Practice) (471 Points)
Replied 14 March 2014

I want to asked, what would be the treatment of service tax in books of service provider?

 




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