Rcm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 December 2015
Dear experts
RCM is applicable in respect of original civil contract hence 50%, 50% ST is to be payable by both service provider and receiver, eg, total contract amount is Rs. 1 lacs inclusive materials therefore ST will be applicable on 40000/- however in case of RCM on how much amount ST will be payable by service provider weather 20000*14.5% or 40000*14.5%,
Thanxx in Advance
RCM is applicable in respect of original civil contract hence 50%, 50% ST is to be payable by both service provider and receiver, eg, total contract amount is Rs. 1 lacs inclusive materials therefore ST will be applicable on 40000/- however in case of RCM on how much amount ST will be payable by service provider weather 20000*14.5% or 40000*14.5%,
Thanxx in Advance
CA R SEETHARAMAN
(Expert)
19 December 2015
It is 20000*14.5% ............
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
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- GSTR-9C filing
- Import Order Cancelled.
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Form 144 TDS Return Validation Error – Mandatory Fields
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- 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
- Tally: Imported bank entries do not show up in manual reconciliation
- 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
CAclubindia
