Reverse charge machnism
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 August 2013
we have manufacturing company of textiles industries. We purchase the yarn in bulk and we given on job to make grey (raw material of cloth)
we hired labour (unprofessional - very low qualification) on contarct basis. the same hired from individual person for checking and dispatching the matrial from our end.
we want to know that reverse machinisam charge will be applicable on the same labou charge.
or any other way.
regards
Rahul
we hired labour (unprofessional - very low qualification) on contarct basis. the same hired from individual person for checking and dispatching the matrial from our end.
we want to know that reverse machinisam charge will be applicable on the same labou charge.
or any other way.
regards
Rahul
01 August 2013
Reverse charge is applicable for manpower supply and the company has to pay 75% of the value of the contractor's bill and 25% by the the contract if he is individual or firm.
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
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- Section 50-fixed asset-->building ceases to exist
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Reprocessing of rectification order AY 2025-26
- Gift Received from nonblood relative
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Putting a heading on received mail
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
