Bill without service tax

This query is : Resolved

SANJEEV KR GUPTA (Querist)
Follow

25 December 2014 Bill of job work Rs 35000 without service tax charging will be valid or acceptable. however, Tds had deducted.

CA Devanand Jethanandani

CA Devanand Jethanandani (Expert)
Follow

25 December 2014 If service tax is applicable to the contractor then it has to be added in the bill.

TDS will attract in this case u/s. 194C as single bill exceeds thresh hold limit of Rs.30,000/-
If payee is individual or HUF @1% and in any other case @2%

As per section 194C if contract amount paid or payable exceeds Rs.75000 during the year or if single bill or payment exceeds Rs.30000 then TDS will be applicable.

Rupesh Jain

Rupesh Jain (Expert)
Follow

26 December 2014 it is depend on the gross receipts of the vendor if his/its gross receipts is belos the 10 lacs then service tax not charged by the the vendor.
and TDS will applicable u/s 194C amount of invoice is greater than rs. 30000/-

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Vimlesh kumar

S. AGARWAL & ASSOCIATES

Krishnan V

Devendra Singh Jyala

Ishwar Radhakisan Tawani

Subscribe Now

Bill without service tax

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

GST CONSULTANCY

Accountant

GST CONSULTANT

CA Final

Article Assistant