banner_ad

Service tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
23 July 2013 what entry will be done in case of service tax reverse mechanism (staffing service provider).
where service provider pay 75% S.Tax & service receiver pay 25% S.Tax
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
23 July 2013 Dr: Expenses
Cr: Service tax payable(RCM) 75% only
Cr: TDS payable
Cr: Party ( bill amount less ST(RCM) less TDS
Profile Image

Ganeshbabu K

Profile Image

Ganeshbabu K (Expert)
24 July 2013 1) Dr.Expense A/c
Dr.Service tax input A/C(75%)
Cr.TDS payable A/C
Cr.To party A/C [total bill-tds]

(being staffing expences for monthxxx)

As and when you have paid to party ..you are under liability to discharge service tax under reverse charge ...for rest of 25%
with in 5th of next month in which you paid to party.

2) Dr.service tax input A/c[25%]
To bank A/c
(being reversecharge liability discharged)

Please note if it is manpower supply service provider is liable for 25% only and service receiver liability is 75%--you might have confused

Thanks & regards
Ganesh babu k
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details