Implementation of rate in st3

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subhash kumar jha (Querist)
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25 April 2014 I M SERVICE PROVIDER OF WORKS CONTRACT (NEW WORK) WHERE THERE IS ABATEMENT @ 60% AND RCM @ 50% IS AVAILABLE.wHEN FILED UP THE FALUE OF TAXABLE SERVICE IN B1.6 RS.100 AND IN B1.11 RS.60 THEN BALANCE COMES TO RS.40 IN B1.14
Now my querry is that what rate to put in advaloren rate column so either 12.36% or 6.18%. if i will take 12.36 then we will not get benifit of rcm

KUMAR trp707@gmail.com

KUMAR trp707@gmail.com (Expert)
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26 April 2014 UR WORKING IS WRONG
B 1.6 COLUMN ONLY 50% OF GROSS VALUE
IT IS SHOWN UR TURNOVER AS PER R C M.
THEN ANY ONE NOT OBJECTION. THAT AMOUNT

B 1.15 COLUMN 12% 2% 1% ENTER THEN NET TAXABLE VALUE ARRIVE.
SO FINALLY ARE U PAYABLE TAX 2.472%

LIKE 100 000 GROSS BILLS UNDER RCM
UR GROSS BILL AMOUNT IS RS 50 000/- IN COLUMN OF B1.6

ABATEMENT CLAIM OF 40% IN
B1.11 ENTER SO RS 30 000/-
B1.13 VALUE OF S TAX RS. 20 000/-
B 1 .15 COLUMN 12% 2% 1%
THEN FINAL GET RESULT TRY IT IN XML SCHEMA FILE

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