Service tax
This query is : Resolved
11 January 2014
When a company has taken services from Security Agencies only 25% of Service tax of 12.36% is paid by company to Security Agencies and balance of 75% is directly paid by the company to the department.In the bill amount only 25% of service tax is being added to the security services.
Why is it so?
What are the cases where we do like this?
Why is it so?
What are the cases where we do like this?
11 January 2014
well effectively because you are required to pay the bill + 25% of the service tax to the service provider.
such invoices would normally be wherein you are required to pay service tax under reverse charge mechanism,
an appropriate way of providing invoice in such cases is like this:
https://www.casahuja.com/2012/11/sample-service-tax-invoice-under.html
such invoices would normally be wherein you are required to pay service tax under reverse charge mechanism,
an appropriate way of providing invoice in such cases is like this:
https://www.casahuja.com/2012/11/sample-service-tax-invoice-under.html
11 January 2014
Thanku so much for your valable information sir
11 January 2014
you are welcome rishika..
Message likes :
1 times
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
- House Property Reporting in ITR
- TDS Claim year
- Supply through E-commerce Operators
- Rent lease agreement
- Relief u/s Section 89
- TDS Challan Code
- GST ON DAMAGED GOODS
- Agriculture income or business income
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- STCG on ETF gold & silver
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
