Billing problem

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MANOJ KUMAR SHARMA

MANOJ KUMAR SHARMA (Querist)
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11 October 2012 thanx sir but my question is that should i add service tax in future or not i am under limit.

CA Navin Jain

CA Navin Jain (Expert)
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11 October 2012 IF SERVICE PROVIDER IS INDIVIDUAL, HUF OR PARTNERSHIP FIRM AND RECEIVER IS BODY CORPORATE THEN REVERSE CHARGE IS APPLICABLE.

IF ABOVE CONDITION IS SATISFIED THEN YOU ARE LIABLE TO PAY SERVICE TAX 25% ONLY.

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MANOJ KUMAR SHARMA

MANOJ KUMAR SHARMA (Querist)
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11 October 2012 thanx navin g but my question is that
(1)if i add service tax once then it is compulsory to add the service tax in future even i am below limit of tax app. 3 lakhs gross amount of billing ? the service receipeint is hydel department they provide me 100% amount of service tax after the billing date of july,12.should i deposit 25 % or 100 %

CA Navin Jain

CA Navin Jain (Expert)
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11 October 2012 if service provider is below the limit then no need to deposit service tax but exemption limit is not applicable on the service receiver.

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