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How much tax liability under ST> ?

This query is : Resolved 
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(Querist)
27 July 2010
Mr. A provide taxable service to MR. B for Rs. 1 lacs ( including ST.)

Mr. B give consideration like

1. 50000 in cash and a holiday trips to UK in other Rs. 50000

2. A car for consideration against Bill

3. Mr. B pays 90000 in full and final, does that means Mr. A is liable to pay service tax on RS. 1 lacs (9338) or on Rs. 90000{8404}, What necessary adjustment has to be made in the bill or a/c of Mr. b ?



Sirs,
please explain the 3 Situation point wise and complete
thanks in advANCE
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
03 August 2010 Point 1 & 2 you need to back calculate as gross and pay (100000/110.3*100) is service value and 10.3 is service tax

last 3 point service tax will be Rs.90000/110.3 x 10.3
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