Reverse charge
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 June 2013
We are having a partnership firm carrying on business of building construction (residential units)
I am an accountant and as per my belief I need not to pay service tax untill I get any unit booked. whenever i will get booking amount i will register the firm with service tax dept.
However We had to pay lots of amount to transporters and to labour contractors.
Do i have to register and pay service tax for the same on reverse charge basis? or any other way out?
please tell me in brief..
I am an accountant and as per my belief I need not to pay service tax untill I get any unit booked. whenever i will get booking amount i will register the firm with service tax dept.
However We had to pay lots of amount to transporters and to labour contractors.
Do i have to register and pay service tax for the same on reverse charge basis? or any other way out?
please tell me in brief..
Rupesh Jain
(Expert)
14 June 2013
yes required to be registed by servcie tax and pay service tax
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