How to prepare service bill in reverse charge mechanism
This query is : Resolved
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
Ex
service value 10,00,000
Tax @50% 70,000
Or
Service value 10,00,000
Tax @100% 1,40,000
10 October 2015
Go as per the first option given above.
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
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
11 October 2015
1 yes you are right that is OK.
2 No need to check.
3 No need of any certificate.
2 No need to check.
3 No need of any certificate.
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