Man (Accountant) (77 Points)
31 December 2012Some GTA charge service tax & include that amount in bill were as some GTA's just disclose the amount in bill but wont add in their bill.
By reverse charge mechanism a service reciver is liable to pay service tax. Then in case were GTA add service tax in their bill what should be done? Should we claim a setoff against it or not.
Vikash Kumar
(Manager Accounts (CA. Final))
(694 Points)
Replied 31 December 2012
If service tax is charged in bill then don't consider such bill/s for your service tax liability calculation.
Man
(Accountant)
(77 Points)
Replied 31 December 2012
You mean to say expense out the service tax amount charged in bill?
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