Hi all, If the Service Provider charges 12.36% st on 30% of the total amount...the effective rate of tax would come upto 3.708%. My doubt is should both the service provider and the service receiver should pay 3.708% each( under works contract reverse charge mechanism 50:50) or should it be just 50% of 3.708%? The calculation is as follows:

Total amount of invoice- 465186

Service Tax 12.36% on 30% of Total amount- Rs.17249.10

My question is what would be the amount of ST payable by the service receiver under reverse charge mechanism?

Thankyou

I have purchase inteerstate without C Form & he Charge higher rate, Can I Take input of that Higher rate

Can I get myself registered under my father?

As per section 194C:
MONETARY LIMIT: RS. 30000/- OR 75000/-

TDS shall be necessary in following cases –

If the amount (i.e. single sum) credited or paid to the account of the payee, exceeds Rs.30000/- or

If aggregate of the amounts credit or paid to the payee during the financial year exceeds Rs.75000/-

My query is......
what if one of the payments to contractor exceeds Rs. 30000/- but payment during the year is less than Rs. 75000/-. Whether TDS to be deducted on only one payment where it is exceeding Rs.30000/- or all the payments made.

Can anyone help me in knowing when I'll be eligible for final examination.I got registered my articleship on 16/08/2012,I have cleared CPT and both groups of IPCC.Whether I'm eligible after 2yrs or 2 and half years after completion of articleship.

i have seen in a excel file where a message is displayed above formula bar

Security Warning : Macros have been disabled Options

when we have to click on options to active macros

how can i bring the above message in normal excel file ?
because "spellnumber" formula does work in the above file where the security warning message is shown


please guide

Sir, I want to know about exemption procedure... Like if I don't give one of the exam of ipcc group I .. Is there any scope of availing exemption in others if I get 60 above in any other exam of group I itself..!! ?
Pls reply

I have completed my Bcom with 80%. I have a query on Direct entry scheme to IPCC. If I register for IPCC can I complete my articleship first before writing IPCC exams or is it mandatory to write exams during the period of articleship ?

Pls reply.

In which report of tally, Dispatch Document No is available which I have entered while passing sales voucher. I require to export this report in excel / .csv / xml or even text file.

Please help me out.

Regards,
Martin

In which report of tally, Dispatch Document No is available which I have entered while passing sales voucher. I require to export this report in excel / .csv / xml or even text file.

Please help me out.


Regards,
Martin