Rcm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 August 2013
Dear Sir,
Suppose party issed bill of Rs. 1 Lac and service tax charged is Rs. 12360/-.
However customer party paid only half of service tax amount under RCM.
Now my quary is that how to mention service tax @ 50% while filing st-3 and which circular that I should site for 50% exemption on turnover.
Please advise me.
Thanks in advance.
Suppose party issed bill of Rs. 1 Lac and service tax charged is Rs. 12360/-.
However customer party paid only half of service tax amount under RCM.
Now my quary is that how to mention service tax @ 50% while filing st-3 and which circular that I should site for 50% exemption on turnover.
Please advise me.
Thanks in advance.
08 August 2013
what is the service provided and whether the service provider is individual or firm or company. you have not mentioned name of the service.
If it works contract, mention 30/2102-ST and 024/2012-ST for exemption and abatement.
If it works contract, mention 30/2102-ST and 024/2012-ST for exemption and abatement.
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
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Section 194JA & JB Income which ITR Form to use
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- Not able to file ITR
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- LIABILITY ADJUSTMENT
- Capital Gains on sale of residential flat
- Accounting with Claude
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
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
