Deduct service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 May 2015
dear sir,
a textile company's given a mending contract to individual person. what is the applicable of the service tax on this contract? if the applicable of service tax on this contract and company have does not deduct the service tax, what are the impact of this situation.??
a textile company's given a mending contract to individual person. what is the applicable of the service tax on this contract? if the applicable of service tax on this contract and company have does not deduct the service tax, what are the impact of this situation.??
11 May 2015
If it is part of manufacturing activity on which excise duty is paid no service tax payable.
If it is not a manufacturing activity the company has to pay 50% service tax under reverse charge mechanism. No need to deduct any service tax. If the individual claim 50% service tax you have to pay it.
If it is not a manufacturing activity the company has to pay 50% service tax under reverse charge mechanism. No need to deduct any service tax. If the individual claim 50% service tax you have to pay it.
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