Cenvate of service tax on repair to machinery (urgent)
This query is : Resolved
04 December 2012
DEAR SIR
WE ARE PVT LTD CO.
1 ARE WE LIABLE TO PAY SERVICE TAX ON MAN POWER PROVIDED FOR MAINTAINANCE OF MACHINES
2 IF YES THAN WHAT IS RATE
3 CAN WE TAKE CENVATE OF DEPOSITING SERVICE TAX ON REPAIR TO MACHINERY
THANKS & REGARDS
WE ARE PVT LTD CO.
1 ARE WE LIABLE TO PAY SERVICE TAX ON MAN POWER PROVIDED FOR MAINTAINANCE OF MACHINES
2 IF YES THAN WHAT IS RATE
3 CAN WE TAKE CENVATE OF DEPOSITING SERVICE TAX ON REPAIR TO MACHINERY
THANKS & REGARDS
04 December 2012
1. Yes you are required to pay service tax on supply of manpower if the service provider is an individual or HUF or firm.
2. You are liable for 75% of the tax liability, so the effective rate comes to 9.27%.
3. You can avail CENVAT credit on the basis of the challan.
2. You are liable for 75% of the tax liability, so the effective rate comes to 9.27%.
3. You can avail CENVAT credit on the basis of the challan.
04 December 2012
Hi
If you are pvt ltd co. then you have to charge ST @12.36%.
Please refer link:
https://www.cbec.gov.in/ub1213/st15-2012.htm
Thanks//Vaibhav
If you are pvt ltd co. then you have to charge ST @12.36%.
Please refer link:
https://www.cbec.gov.in/ub1213/st15-2012.htm
Thanks//Vaibhav
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Unregistered suppliers utility
- NRI starting business in India
- ITDS U/S.194T of Firm
- GST not cancelled by tenant
- Capital gain on sale and purchase of plot
- FCRA 6 E- Intimation
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Resigning a auditor from the company for misconduct
- FORM 141 SDV query
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
