I am into recruitment business and as advised by my CA, had applied Point No 8 of MOF,Notification No. 30/2012 regarding RCM of 75% payable by the client while I paid 25% of service tax. By chance, it has been discovered that few of the clients have not paid the required tax under RCM. My query is what is to be done now-
1) Should I raise a Debit note for unpaid Service Tax? and
2) Is there a further service tax on that pending amount when I raise a Debit Note?
Please help, as I have been told that being originator of the invoice the responsibility is mine and will have to face all 'music' if in a scrutiny it is found that some amount is unpaid....thanks
CAclubindia
