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
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- F & O PROFIT REPORTING FOR AY 2026-27
- ITR-3 File/Error Found
- Average Cost Of High Quality Diamonds
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS offline utility
- Due Date Clarity
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
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
