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Service tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 April 2012 We are registered under Manpower Recruitment Agency and Management Consultants. We would like to know the effect of notification No 15/2012 dtd 17 th March, 2012. Whether from 1st April 2012 we have to pay 25% of service tax from our pocket and balance 75% from our client ?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
26 April 2012 Can't say until the President of India give assent to the Finance Bill,2012.
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Arun Gulati

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Arun Gulati (Expert)
26 April 2012 Notification No. 15/2012 will be operational once the taxation based on negative services will be implemented. Therefore,as on date there is no need to worry.
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