Service tax - query

Dilip Darji (Auditor) (61 Points)

01 March 2012  

We are the  Manufacturing Co., Some Job Work are give on the Contract Basis.

The Contractor Charges his Charges. we paid the Contract Charges after deducting the TDS on Contract.

But the Contractor was not charge any Service Tax on the Contract Bill issued by him.

There are almost the Bills of Rs. 1Cr annually.

Whether the Company has liable or penalised  for not due to the Contractors Defult