Service tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

26 April 2012 We are registered under Manpower Recruitment Agency and Management Consultants. We would like to know the effect of notification No 15/2012 dtd 17 th March, 2012. Whether from 1st April 2012 we have to pay 25% of service tax from our pocket and balance 75% from our client ?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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26 April 2012 Can't say until the President of India give assent to the Finance Bill,2012.

Arun Gulati

Arun Gulati (Expert)
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26 April 2012 Notification No. 15/2012 will be operational once the taxation based on negative services will be implemented. Therefore,as on date there is no need to worry.

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