27 September 2012
We are service provider for vehicle hiring. Suppose Bill amt. Rs. 10000.00 Our service tax Rs. 742.00 (12.36% of 60% of Rs.10000) 1.So, we have to raise bill of Rs.10742.00? 2.What will be accounting treatment of both parties i.e. service provider & service receiver? 3. Service receiver will deduct TDS on which amount?
CAclubindia
