Reverse charge entry

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 November 2014 Dera sir,

I am service receiver of labour contract. The
contractor Provide me boll as follow :

Labour charge 100000
3 % service tax 750
2 % edu cess 15
1% h edu 8

As it comes under reverse charge

please specify journal entry

CA Kumar Mukesh

CA Kumar Mukesh (Expert)
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27 November 2014
First of All Service Provider Should be Individual/HUF/Partnership Firm

Secondly Service Receiver should be Company Assessee

Third Service Tax On Manpower Supply will be on Service Provider
Service Tax 3,000/- (1,00,000 x 12.00% x 25.00%)
Education Cess 60/- (3000 x 2%)
SHEC 30/- (3,00 x 1%)

Total 3,090/-

Querist : Anonymous

Querist : Anonymous (Querist)

28 November 2014 Sir

what journal entry to be pass by service provider & service receiver ?

Rupesh Jain

Rupesh Jain (Expert)
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28 November 2014 for receiver

labour exp
service tax receivable3%
service tax receivable 9%
to contractor
to service tax payable 9%
to tds (if any)

ON DEPOSIT THE SERVICET AX

service tax payable 9%
TO BANK A/C

FOR REVERSE CHARGE SERVICE PROVIDER MAKE NO ENTRY.

Querist : Anonymous

Querist : Anonymous (Querist)

28 November 2014 Sir ,
if service provider not pass any entry,then how he will pay 3 % service tax

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