Adjustment of service tax in rcm
This query is : Resolved
28 February 2014
An AOP has collected some fund along with service tax from its members for fighting a legal case. AOP has made some payment to advocates from this fund.
1)AOP is liable to deposit service tax collected from members.
2) AOP will also be liable to pay service tax under reverse charge on payment made from this fund to advocates.
3) If above both service tax payable, it is double taxation. How to adjust/avoid this duplicacy. Pl advise
1)AOP is liable to deposit service tax collected from members.
2) AOP will also be liable to pay service tax under reverse charge on payment made from this fund to advocates.
3) If above both service tax payable, it is double taxation. How to adjust/avoid this duplicacy. Pl advise
Arun Kumar Singh
(Expert)
28 February 2014
AOP covered under business entity then service tax liability will arise. You need to pay service tax under reverse charge systems.
28 February 2014
Dear Arun Kumar Singh,
Agreed, AOP has to pay S Tax under reverse charge, but will it be liable to pay S Tax on contribution received alongwith S Tax from members ? if yes, is it not double payment ?
Pl clarify.
Agreed, AOP has to pay S Tax under reverse charge, but will it be liable to pay S Tax on contribution received alongwith S Tax from members ? if yes, is it not double payment ?
Pl clarify.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
