02 November 2013
i have to pay service tax ,,how to calculate service tax and its interest related to construction based maintenance and repairs in steel company. my date of payment was 5/10/2013 i have to interest on per day basis or per month basis and is penalties applicable for me . pls tell me procedure for same pls repls soon ,,,i hav to pay tax
03 November 2013
You have to pay service tax on the gross amount received from the service receiver towards maintenance. In case of replacement of parts, if you issue invoice, you can take exemption of that part value from the total service value.
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