How to prepare service bill in reverse charge mechanism

This query is : Resolved

YELLANKI RATHNAGIRI (Querist)
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08 October 2015 How to prepare service bill In Reverse Charge Mechanism

Ex
service value 10,00,000
Tax @50% 70,000

Or

Service value 10,00,000
Tax @100% 1,40,000

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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10 October 2015 Go as per the first option given above.

YELLANKI RATHNAGIRI

YELLANKI RATHNAGIRI (Querist)
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11 October 2015 Thank u for your reply

sir if i take first option that mean remaining 50% tax will be paid by service receiver that okay

so is there any need to check whether the service receiver paid remaining 50% tax to government or not from my side

if service receiver pay tax then will he give any certificate/document/proof for that payment

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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11 October 2015 1 yes you are right that is OK.
2 No need to check.
3 No need of any certificate.

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