23 April 2014
on of my supplier is making invoice for Repair material+service charges & he is charging service tax for all amount i.e (repair material+service charges), is it correct?
26 April 2014
example:-if he bills material 1000 +labour 1000 total 2000 then u r liable to pay service tax on 1000*70%*50%*12.36% example:-2 total value charged 2000 service tax =2000*70%*50%*12.36%
CAclubindia
