Try to understand, ST will b on the value of services provided by XYZ Ltd to u. And if TDS will b deducted it will b u to deduct it, not XYZ Ltd. Coz, XYZ is earning the income by providing goods and services(if any). So if there is any Service element present in the transaction then ST to b charged by the Company(if applicable). And TDS should b deducted by u, at the time of making payment to the Company.
01 June 2015
if xyz does not have service tax no. and till date all the bills raised by party for this service are without service tax then who will be liable to pay service tax? whether there are any complications on my side?
01 June 2015
U r not liable for ST purpose, its the liability of the Company to collect ST from u, I told u earlier too, that for u only TDS is important.
CAclubindia
