Service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 September 2012
This month we have raised one bill to our customer & we received one bill fro our vendor details as below
Raised to customer (A);-
service Tax Basic 100000
12% 12000
2% 240
1% 120
Received from Vendor (B) :-
service Tax Basic 50000
12% 6000
2% 120
1% 60
My Question :- as per new service tax rule how munch to pay the service tax & How much take a input credit pls explain anybody
Raised to customer (A);-
service Tax Basic 100000
12% 12000
2% 240
1% 120
Received from Vendor (B) :-
service Tax Basic 50000
12% 6000
2% 120
1% 60
My Question :- as per new service tax rule how munch to pay the service tax & How much take a input credit pls explain anybody
26 September 2012
Dear, Your Service tAx liability is on the Value of SErvice provided by you,
Here in given example:
Your total liability : Rs.12360.00
Pay by CENVAT Credit : Rs. 6180.00
Pay in Cash : Rs. 6180.00
CENVAT : Amount would be equal to ST amount paid on the Services received as input services. Herein given case Rs. 6180.00
Here in given example:
Your total liability : Rs.12360.00
Pay by CENVAT Credit : Rs. 6180.00
Pay in Cash : Rs. 6180.00
CENVAT : Amount would be equal to ST amount paid on the Services received as input services. Herein given case Rs. 6180.00
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 September 2012
Thanks for your guidence
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