Service tax on labour bill
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 August 2012
WE ARE MANUFACTURING PVT LTD CO. WE HAVE A TURNOVER OF AROUND 50 CR. WE ARE GIVING SOME PRODUCT OUTSIDE ON LABOUR JOB. LABOUR BILL IS AROUND 6 LAKHS P.A. PER VENDOR AND THEY ARE NOT REGISTERED UNDER SERVICE TAX. WHETHER WE ARE LIABLE TO PAY SERVICE TAX ON NEW REVERSE CHARGE MECHANISM.
HOW MUCH SHOULD I PAY?
REGARDS,
JATIN PARIKH
HOW MUCH SHOULD I PAY?
REGARDS,
JATIN PARIKH
Amol S Joglekar
(Expert)
08 August 2012
if you fall under the category of notification no 15/2012, then only reverse charge mechnism is applicable. Otherwise not.
Vishakha Kejriwal.
(Expert)
08 August 2012
Notification 15/2012 has been overruled by Notification 30/2012. The Not. specifies the % of service tax payable by service provider and service recepient.
You would be liable under the reverse charge in this case if the job work executed can be termed as works contract.
You would be liable under the reverse charge in this case if the job work executed can be termed as works contract.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Visiting card purchase
- Query on effect of registration of property
- Wrong CMPo8 file
- Number of years as per AS amortisation of Goodwill
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Whether output tax is taken credit by purchaser
- Equity Share Sale and Purchase
- Additional trade name
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
