Query about service tax amount- please advice me
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 August 2013
We are the pvt. ltd. company engaged a Contractor with valuable work order for supply of materials of electrical and erection. Now the contractor raised a bill for Installation, where he charged the service tax amount @12% directly and also ed.cess & s&h ed. cess applied as per norms. The contractor is a partnership firm.
My question is that he (The Contractor) is do the same or he only charged 25% on Service Tax amount @12% ?
I request you to please clarify me my query with notification no.
My question is that he (The Contractor) is do the same or he only charged 25% on Service Tax amount @12% ?
I request you to please clarify me my query with notification no.
02 August 2013
If he has not taken CENVAT credit he should charge service tax on 25% of the value.
If he is availing CENVAT he should determine the value of service as per "Service Tax (Determination of Value) Rules"
Since, RCM is applicable the provider and receiver both are liable to pay 50:50
If he is availing CENVAT he should determine the value of service as per "Service Tax (Determination of Value) Rules"
Since, RCM is applicable the provider and receiver both are liable to pay 50:50
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
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- Price inclusive or exclusive of GST while made entry in P& L Account
- Applicability of GST on Salary Reimbursement Component
- Minimum tax payable to file Updated return
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Dep. as per companies act
- Change Of Karta In Case of Death
- Salary from Qatar in Dollars in India
- GST Intimation due to Government took possession of Business Premises under PPE Act
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- 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
