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..
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