Dear sir / Madam,

I am an employee of a builders/construction company.

What is the recent provision of ST and tax liability under reverse charge mechanism for Labour supplier and works contract.

Pl guide me with abatement.

Can we make ST payment on behalf of service provider under reverse charge mechanism.


Thanks in Advance
Regards
Biswa

Dear Sir/Madam,
We are a PVT. Ltd. company, we are receiving professional services from an individual and for which individual is raising an invoice every month along with service tax, Ex: for Rs. 2lakhs- ST@14.5%- Rs.29,000. Hence bill value would be Rs. 2,29,000/- So now the querry is that, Individual would pay the service tax quarterly, where in we as a company book the invoice and take input credit every month for the invoice raised.

So in order to treat it as a checklist, Is it possible, whether the company can retain the service tax with it, instead of paying it to individual every month??? Because in case, there may be chance of discontinuance of service in future, we would not be able to check whether the individual would have paid the amount to the dept. for which company has taken input credit...

Let me briefly explain in an example...
Month - April Invoice value - Rs.2,29,000/-(Basic + ST)
Month - May Invoice value - Rs. 2,29,000/-(Basic + ST)

So, If in case the service is discontinued in the June month (say from beginning of June month), Company would have already booked the invoices for 2 months which are raised by individual and taken input credit for that. So as individual would pay ST to dept. quarterly, Company would not be able to make sure that whether the ST has been paid by individual or not??which would create a huge problem from dept. to the company.

Now the thing is that, whether the company would retain the ST of (Rs.29K + 29K) with it, and would pay to the individual at the time of payment to dept.

if service provider is a company providing services of GTA,will RCM be applicable or not?

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We are Builders, while paying VAT or TDS , we are usually include swachh bharat cess in while calculating Works Contract value for MVAT. Till now no notification has come regarding this,But is it correct to pay Tax on Sawchh bharat cess at the time of paying VAT.

Example :
Works Contract Value for MVAT : 100
Swachh Bharat Cess: 10
Total :110
MVAT @ 5% on 110//- = 5.5/-

Kindly Solve My query at the Earliest
Dipenti Pandya

We have engaged a security agency and they are providing security guards to our office. Their bills shows as below:

Charges for 2 Persons 20,000
Service Charge @ 10% 2,000
Sub-total 22,000

Service tax @ 14.50% 3,190

Grand Total 25,190

For last one year we have deducted only TDS and paid full amount to the agency. As per the Service Tax reverse charge mechanism we were supposed to remit 100% Service tax amount but instead we paid it to the agency. Going forward we will do reverse charge but for last one year whether we will be liable to pay service tax since we have already paid full amount to agency. Please help.

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Dear Sir,
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