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.
Message likes :
1 times
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales return eway bill
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Free lancer income
- Last year TDS Claim
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
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
