Reverse charge mechanism
This query is : Resolved
Palak Nandi
(Querist)
28 June 2014
If in an invoice from Manpower Recruiter, Service tax figure has not been mentioned separately, then how the service receiver will pay service tax on RCM basis(25:75 basis)? The value of invoice to be taken as inclusive/exclusive of service tax?
Ganeshbabu K
(Expert)
30 June 2014
Service provider will charge in his invoice to the extent he is liable to pay
.
.
SO say Rs.100 invoice
.
.
he will charge Rs.103.09 which u have to pay to service provider fully after deducting TDS if any
.
Then it is the responsibility of service provider to pay his part of service tax directly to dept
.
.
SO say Rs.100 invoice
.
.
he will charge Rs.103.09 which u have to pay to service provider fully after deducting TDS if any
.
Then it is the responsibility of service provider to pay his part of service tax directly to dept
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