Rcm in work contract
This query is : Resolved
14 August 2015
Dear Sir/madam
One party billed to us Rs. 200000.00 against the labour charges of painting work. In that invoice service tax registration no is not mentioned i.e service provider is unregistered. What will be tax liability to us i.e service receiver.
1. It is under RCM and 50-50 ratio.
2. Whether we need to pay service provider part to him (Rs. 200000.00*14%/50%)Rs.14000.00. Total payment to service receiver Rs. 214000.00 and Rs. 14000.00 to pay to Govt.
Or.
Only Rs. 200000.00 to pay to the service provider and only Rs. 14000.00 (Receiver`s share) to pay to Govt.
or.
Only Rs. 200000.00 to pay to service provider and Rs. 28000.00 (Total share) paid to Govt.
Please reply.
One party billed to us Rs. 200000.00 against the labour charges of painting work. In that invoice service tax registration no is not mentioned i.e service provider is unregistered. What will be tax liability to us i.e service receiver.
1. It is under RCM and 50-50 ratio.
2. Whether we need to pay service provider part to him (Rs. 200000.00*14%/50%)Rs.14000.00. Total payment to service receiver Rs. 214000.00 and Rs. 14000.00 to pay to Govt.
Or.
Only Rs. 200000.00 to pay to the service provider and only Rs. 14000.00 (Receiver`s share) to pay to Govt.
or.
Only Rs. 200000.00 to pay to service provider and Rs. 28000.00 (Total share) paid to Govt.
Please reply.
14 August 2015
Pay only Rs. 2,00,000 to service provider and pay Rs. 14,000 to Govt under RCM.
14 August 2015
Thank you very much sir ji
17 August 2015
Dear Sir
if the above invoice is for painting (Labour) of Hatchery building what will be the service tax???
Please reply
if the above invoice is for painting (Labour) of Hatchery building what will be the service tax???
Please reply
20 July 2025
The applicable service tax is 14% (works contract labor)
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
- STCG....................................................
- Supply through E-commerce Operators
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Relief u/s Section 89
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- Taxation on LTCG for property sold after 24JUL2024
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
