Reverse tax

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Vikash Kumar Panthi (Querist)
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20 May 2015 Dear sir,

Plz tell me if provider is not registered with s.tax and under 10 lac, in this case should we pay our portion of partial service tax on contractor and what %,

second what is reverse tax on c.a. bill

Pl need your help

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 May 2015 After availing abatement you have to pay 50% service tax under RCM if you are a company.
No reverse tax(RCM) applicable on CA bill.

Vikash Kumar Panthi

Vikash Kumar Panthi (Querist)
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20 May 2015 bt we are giving a contract to indivisual person of repairing our all freezs so as its a contract but its a contract of repairing different to WCT.
so plz i am unable to underestand here about this contract, my seniour is saying its a contract of reparing so we don't arise liablity here of RCM.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 May 2015 It is a works contract for repairs. Service tax payable on 50% of 70%(30%abatement) value.

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