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
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- ADVANCE PAYMENT OF ADVOCATE
- ITDS U/S.194T of Firm
- Unregistered suppliers utility
- NRI starting business in India
- EXPORT COMMERCIAL INVOICE HSN CODE
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- TDS ON EMAIL DOMAIN SERVICE BILL
- GST not cancelled by tenant
- CREDIT NOTES WITHOUT GST
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
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
