26 November 2014
dear sir,
we are service receiver and service provider both my question is this I have make a invoice of taxable value rs 50000+ tax 6180= 56180
output service tax 6180
and I have received service from manpower supplier taxable value is rs 40000 + tax 4944= 44944 then input 4944 with RCM rule how much service tax will I pay to government please guide me with example and entry.
27 November 2014
Pay fully Rs.4944 to the department this is your input service tax. Then at the time of payment of Rs.6180 avail credit of Rs.4944 and pay the balance tax i.e.6180-4944=1236
28 November 2014
CA Parul Saxena, please clarify on your view, because as far I think we have to pay Service Tax on RCM on manpower Supply, then how can we take input credit of the same against other output service tax payable. I hv to pay 6180+4944 ? Please correct if I'm wrong
29 November 2014
r/sir pls take the input on services tax paid under RCM , if you are using this for production activity if you are using housekeeping then no input will available.
CAclubindia
