Service tax
This query is : Resolved
ANIL KUMAR
(Querist)
09 September 2014
Please advise the same
Under reverse charges mechanism
= Man Power Supply
Service tax should be paid : 100% = receiver liability = 75%
Provider liability = 25%
Presentation in Service Tax Return
1. RECEIVER = 100%
Receiver will claimed by ITC (25% )
Bill Amount 100.00
Service Tax: 3.09 (12.50 *25% = 3.09)
Total Bill 103.09
2.Receiver will Paid by challan (75%)
Paid by Challan Rs. 9.27
(12.50*75% =9.27)
2. PROVIDER = 100%
1.Provider will Paid challan (25%)
Paid by Challan Rs.3.09 (12.50*25% =3.09)
2. Provider will claim Cenvat Credit of : 75% Paid by receiver by Challan
Rs. 9.27 (12.50*75% =9.27)
Under reverse charges mechanism
= Man Power Supply
Service tax should be paid : 100% = receiver liability = 75%
Provider liability = 25%
Presentation in Service Tax Return
1. RECEIVER = 100%
Receiver will claimed by ITC (25% )
Bill Amount 100.00
Service Tax: 3.09 (12.50 *25% = 3.09)
Total Bill 103.09
2.Receiver will Paid by challan (75%)
Paid by Challan Rs. 9.27
(12.50*75% =9.27)
2. PROVIDER = 100%
1.Provider will Paid challan (25%)
Paid by Challan Rs.3.09 (12.50*25% =3.09)
2. Provider will claim Cenvat Credit of : 75% Paid by receiver by Challan
Rs. 9.27 (12.50*75% =9.27)
16 March 2016
Very old query. Now I believe not required to be answered
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