Service Tax - Doubt
This query is : Resolved
02 January 2011
Mr. X prepares an invoice
Rs. 1200000 - Advertising Charges
Rs. 370000 - Consulting Charges
Rs. 21000 - Transport Charges
Invoice Total Rs. 1591000/-
On what amount will Mr. X charge Service Tax?
Will he get any abatement? If yes, at what percentage?
Regards,
Devendra
Rs. 1200000 - Advertising Charges
Rs. 370000 - Consulting Charges
Rs. 21000 - Transport Charges
Invoice Total Rs. 1591000/-
On what amount will Mr. X charge Service Tax?
Will he get any abatement? If yes, at what percentage?
Regards,
Devendra
Guest
Guest
(Expert)
03 January 2011
Service tax is payable on gross value. What is the service rendered by the person, and whether some expenses were reimbursed will be deciding factor for the taxable value.
03 January 2011
Pl note that you have mentioned the transportation charges, now please note that if you are not in business of transportation but transportation has provided by someone and if you are recovering from the same then no service tax on, but you have to confirm your business etc. to give the proper reply.
J.M.GOR
J.M.GOR
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