23 October 2015
We raise invoices by charging 14% service tax on freight brokerage on shipping lines. However, shipping lines do not pay service tax and only pay basic amount after deduction TDS.
In such a case how to discharge our liability towards service tax ?
24 October 2015
In case the contracted amount in inclusive of service tax then the service tax and value of taxable service may be computed by reverse computation.
CAclubindia
