Service tax case 75 and 25 % in labor contractor case
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 November 2013
Sir,
I got some services from the contractor and under the service tax act the service receiver needs to pay 75% of the service tax without any input of service tax ( Means the service payer charge only 25% of the service tax and the receiver will book expense of 75%.
Should I book through the journal voucher or is there any other way to book those expense
Thanks
Daman
I got some services from the contractor and under the service tax act the service receiver needs to pay 75% of the service tax without any input of service tax ( Means the service payer charge only 25% of the service tax and the receiver will book expense of 75%.
Should I book through the journal voucher or is there any other way to book those expense
Thanks
Daman
30 November 2013
if it is eligible input service to you
.
.
you can take cenvat credit as adn when you made payment of balance 75% service tax to dept. WITH gar-7 CHALLAN
.
.
you can take cenvat credit as adn when you made payment of balance 75% service tax to dept. WITH gar-7 CHALLAN
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