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Reverse cahrge

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(Querist)
19 March 2014 KEC is proprietorship concern supply manpower to DPS Ltd. HCC is also a proprietorship concern supply manpower to KEC. During January - 2014 HCC raise a bill to KEC of Rs.12,37,080 including service Tax of Rs.37,080. In the same month KEC raise a bill to DPS Ltd. of Rs.15,46,350 including service tax of Rs.46,350.

What is the service tax liability of KEC in the month of January - 2014.
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CA Parul Saxena

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CA Parul Saxena (Expert)
19 March 2014 Output tax............................46350
Less:-Input tax.......................37080
Service tax liability for the month of January 2014=46350-37080=9270
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CA Parul Saxena

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CA Parul Saxena (Expert)
19 March 2014 Sorry for the mistake.
KEC has to pay service tax of Rs.37080 under reverse charge mechanism and DPS Ltd. has to pay service tax of Rs.46350
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CA Parul Saxena

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CA Parul Saxena (Expert)
19 March 2014 Moreover KEC and HCC should not include service tax in his bill as the liability to pay service tax is of service receiver under reverse charge mechanism.
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