Service tax on gross amount.
This query is : Resolved
JITIN GOYAL
(Querist)
25 September 2016
If a service provider has not charged service tax separately in invoice and is providing taxable services which are subject to abatement say 70% how is tax determined in that case ? Should we divide the invoice amount by 14.5% or 14.5*30% ?
CA R SEETHARAMAN
(Expert)
26 September 2016
If service tax is not separately charged in the invoice the service provider may be exempted from service tax, so there is no need to divide and arrive at the service tax.
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