Security bill rcm

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 June 2014 Dear Sir ,
While working of Service Tax RCM A/C I have to calculate the 75% & 25% of Service Tax on Basic amount or on Gross Amount? when Service Provider submit the bill of Security. for Example :- Basic Amount Rs.19546 *12.36%=2415*75%= 1811 & 2415*25%=604
OR
On Gross Amount of Bill for Rs.20150*12.36%=2490*75%=1968 & 2490*25%=622.

Kindly Explain.......

CA Pradeep Kumar Rajput

CA Pradeep Kumar Rajput (Expert)
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03 June 2014 Security Charges 19,546/-
Service Tax on
25% of Value 604/-
(19546*12.36%*25%)

Amount Payable 20,150/-

Service Tax Payable by You under RCM (19546*12.36%*75%) = 1,812/-

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