Invoice for work service contract
This query is : Resolved
almas rauf shaikh
(Querist)
22 April 2014
Can any one help me
I have taken service tax with category work service contract.
I did Installation of Electrical cables at site.now I want to prepare Invoce of total amount 100000.I can not divide material & labour seprately.So pls tell me what should be amount or rate of Vat & service tax applicable. Also the customer is a company and will be paying 75% of service tax.
plsss help me.
I have taken service tax with category work service contract.
I did Installation of Electrical cables at site.now I want to prepare Invoce of total amount 100000.I can not divide material & labour seprately.So pls tell me what should be amount or rate of Vat & service tax applicable. Also the customer is a company and will be paying 75% of service tax.
plsss help me.
22 April 2014
Dear Almas,
If this is works contract service then why the customer which is a company is paying ST @ 75% . In case of Works Contract ST is leviable on 40%,70% or 60% of the total value of service. please clarify.
Service Tax should be shown only which is your liability to pay or of the service receiver is liable to pay separately.
On what basis company is ready to pay ST on 75% of Value ?
Thx.
If this is works contract service then why the customer which is a company is paying ST @ 75% . In case of Works Contract ST is leviable on 40%,70% or 60% of the total value of service. please clarify.
Service Tax should be shown only which is your liability to pay or of the service receiver is liable to pay separately.
On what basis company is ready to pay ST on 75% of Value ?
Thx.
almas rauf shaikh
(Querist)
22 April 2014
Sir, This is a coporate company. and on reverse charge mech they will pay service tax.
please kindly tell me how I should make the invoice & at what rate and on what amount vat & service tax will be charged.
please kindly tell me how I should make the invoice & at what rate and on what amount vat & service tax will be charged.
01 August 2024
https://docs.google.com/document/d/1nv4OaOQUTwE_HGwleX4x_nUXIZS-0vqfiITsM3UWgx4/edit?usp=sharing
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- MSME disclosure and disallowance
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Taxation of crypto futures in India Fy 2026- 2027
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
