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
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Tds on commission charges
- Minimum tax payable to file Updated return
- Applicability of GST on Salary Reimbursement Component
- Dep. as per companies act
- Change Of Karta In Case of Death
- FAST-DS Scheme - Foreign Assets
- Salary from Qatar in Dollars in India
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- 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?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
Quick Links
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
08 September 2026
Semi-Qualified Assitant
Subrahmanyam & Sivudu CA Firm
Hyderabad
CA Inter
View Details
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
ARTICLESHIP
16 September 2026
Article Assistant
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
22 September 2026
Account Assistant
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
CCI
Pro
CAclubindia
