GTA raised a Bill of Rs. 120000/-, inset of 100000/-. A debit not send to GTA for rs. 20000/- which was excess charged.
Now my quirery is that on what amount we have to pay service tax. on 25% of 120000, OR 25% of (120000-20000)
Thanks
laxman suthar (Asst. Manager Taxtation ) (329 Points)
05 October 2012GTA raised a Bill of Rs. 120000/-, inset of 100000/-. A debit not send to GTA for rs. 20000/- which was excess charged.
Now my quirery is that on what amount we have to pay service tax. on 25% of 120000, OR 25% of (120000-20000)
Thanks
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 05 October 2012
Service tax on 25% of the value of Rs. 100000/-.
HS Negi
(Senior Executive- F&A)
(590 Points)
Replied 06 October 2012
I agree with Mr. Arun Kumar. Service tax is to be paid on the service is provided or agreed to provided.
Regards
HS Negi