Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

Service tax on m.p & security by service receiver

vyjayanthimala (Accounts) (245 Points)

04 April 2015

Sir,

We received bills dated in April.2015 for service provided

for the month of March.2015. They have charged

Ser.Tax separately 75% & 25%. Is it correct or

we have to pay 100% service tax. Please clarify.

with regards

mala

Reply
Follow
Share

2 Replies

praveen (Chartered Accountant) (6971 Points)
Replied 04 April 2015

Depends upon whether u r a company or not. In case u r a company then service tax shouldn't be on the 100%

1 Like

Upgrade to CAclubindia Pro. Subscribe Now!

GAURANG KACHHIA (ACCOUNT EXECUTIVE) (41 Points)
Replied 04 April 2015

BUT SIR, HE IS ASKING WHETHER HE IS LIABLE TO PAY SERVICE TAX ON BILL OF MARCH 15 RAISED IN APRIL 15 TO A CORPORATE ENTITY. SO IF I AM CORPORATE ENTITY AND I RECEIVED A BILL OF MARCH15 IN APRIL 15 SO WHETHER I HAVE TO PAY 100% OR 75%. BECAUSE AS PER THE ACCRUAL SYSTEM THE SERVICE PROVIDER HAS TO BOOK ITS BILL IN MARCH 15 SO HE IS FALLING TO PAY 25% AND ME 75%. SO THERE IS DOUBT IF BILL RAISED IN APRIL 15 FOR SERVICE PROVIDED FOR THE MONTH MARCH 15 WHAT WILL BE LIABLITY OF CORPORATE ENTITY AND SERVICE PROVIDER