Service tax

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Barun Maskara (Querist)
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29 August 2011 Dear All,

This is urgent. Our Company has import some services from China worth $10,000. This service is liable to both Service Tax and Withhlding Tax @ 10%. But I am not able to understand how do I calculate the amount to be charged towards Service Tax and Withholding Tax.

Can any of my friend guide me in this regard?

VISHRUT

VISHRUT (Expert)
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29 August 2011 Service Tax will be Applicable on value of r $ 10,000 @ 10.3% which will be of $ 1,030/- while withholding tax will be charged on total value of $11,030/- ( 10000+1030) @ 10% u/s 194J except in case of Technical fees so it will amount to $ 1,103/-

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Barun Maskara

Barun Maskara (Querist)
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02 September 2011 But our other Professional Friends gave suggestion that it will be charged on the amount arrived after grossing up of TDS.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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24 July 2025 https://docs.google.com/document/d/1G_7jWhyIM5IaQuWRm63KspONmLwJ84FeACBLWtSMNGw/edit?usp=sharing

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