Dear Experts,
we are having one individual cum proprietor vendor who is coming under 10 lacs turnover catogory and giving vehicle hiring service for employees pickup and drop and he is not registered vendor under Ser. Tax. he is not charging any service tax on his invoice. our co., is not having input credit. pl. suggest that as per notification no.30 can i go for ST payment 12.36% on total invoice value to government? pl. suggest me. we have somany versions on this issue. pl. do the needful.
1. he is not charging ST on his invoice, so no need to pay to govt ?
2. we can take abatement of 60% on invoice value and 12.36% on 40% invoice value is only the service receiver responsibility?
3. 12.36% on full invoice value is liable to pay to govt as a service receiver responsibil?
pl. reply any expert
i am waiting for reply
regards,
sudhakar
CAclubindia
