Service tax on foreign consultant
Devendra Kumar Agarwal (Asstt Officer) (56 Points)
13 May 2017Devendra Kumar Agarwal (Asstt Officer) (56 Points)
13 May 2017
Mahesh Babu
(CA Final)
(618 Points)
Replied 13 May 2017
Service Tax on Import of servies to be paid under RCM on the original bill amount
Ajay Kumar Maggidi
(Manager - Finance & Accounts)
(2073 Points)
Replied 13 May 2017
Hi Devendra,
as per Sec 67, the value of taxable services is gross amount paid to service provider as consideration, in view of that, in your case, value of taxable services is Rs.68000, on which you have to pay 15% of service tax
thank you..