Compuation of service tax in case of reverse charge

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JUGAL PATEL (Querist)
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02 March 2011 Case Study;-
Mr. A of USA is giving professional service to Mr.B of India. Contract amount is Rs. 10 Lakhs. Contract is such that Mr. A says that he want Rs. 10 Lakhs in his hand & says that he is not concered with service tax & TDS u/s 195A.
TDS Rate on such income is 20%.
Service Tax Rate is 10.3%.

Both the TDS & Service Tax is to be deposited by Mr.B of India.
How will the TDS & Service Tax will be computed ?
Please help me out?..........

BALASUBRAMANYA B N

BALASUBRAMANYA B N (Expert)
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02 March 2011 you will get in site checkout there...

BALASUBRAMANYA B N

BALASUBRAMANYA B N (Expert)
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02 March 2011 oopppsss sry by mistake posted here

rajula gurva reddy

rajula gurva reddy (Expert)
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03 March 2011 You have to pay Service TAx on gross amount paid to Mr. A of USA on reverse machanism. In case, if u pay TDS also, Service TAx is to be paid on Gross AMount + TDS amount.

JUGAL PATEL

JUGAL PATEL (Querist)
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04 March 2011 can any one compute the service tax in figures so that i can compare the answer of my.

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