Billing with service tax

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Anil Chavan (Querist)
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20 November 2012 Dear Sirs

We are a security agency & now we have to raise bills to our clients. I have query that at which rate we have to raise the bills?

Means we have to raise by 12% + Edu cess or 3 % + cess ?

Earlier I had got 2 answers regarding the same , one was saying with 12% & another one was saying with 3%. Hence, I am confused.

Please help us.

With Regards
Anil

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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20 November 2012 What is the status of the agency? Company or individual/HUF.

If it is a company, then you have to charge the full amount of service tax, i.e.. 12.36% (12% + Cess)

However, if you are an individual or HUF, then your liability is only 25% of the total liability. So you will charge service tax @ 3.09% (3% + Cess).

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