Service tax on reverse charge
This query is : Open
01 February 2013
Sir,
If as a company i am receiver of services under hireing of motor vehicle in which service provider is company. and they are charging services @ 4.95% i.e 12.36% of 40% of total value of services. so in this case do i need to pay bal 60% value to govt. or i should ignore as receipient and provider both are body corporate???
Also as a body corporate i am receiving services under the category of supply of manpower, and as an individual provider is not chargeing service tax on his bill then as a receiver should i pay 75% service tax or 100% service tax as he is not chargeing any amt of service tax
kindly advise
If as a company i am receiver of services under hireing of motor vehicle in which service provider is company. and they are charging services @ 4.95% i.e 12.36% of 40% of total value of services. so in this case do i need to pay bal 60% value to govt. or i should ignore as receipient and provider both are body corporate???
Also as a body corporate i am receiving services under the category of supply of manpower, and as an individual provider is not chargeing service tax on his bill then as a receiver should i pay 75% service tax or 100% service tax as he is not chargeing any amt of service tax
kindly advise
01 February 2013
for paragraph-1, you should ignore as service provider is corporate.
for paragraph-2, you should pay 75% only. For reverse charge payment by service provider is irrelevant for calculation of service tax payable by service recipient.
for paragraph-2, you should pay 75% only. For reverse charge payment by service provider is irrelevant for calculation of service tax payable by service recipient.
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