Taxable value of itds on revers charge machenism applicable

This query is : Resolved

Abhaya Shankar Sinha (Querist)
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04 July 2012 Suppose a service provider of Manpower agency charge Rs 100/= Service tax liability to the co is Rs. 12.36 . since, the firm supplied manpower is not a company we have to deposit service tax @ 70% of Rs.12.36
On what amount TDS u/s 194c shall be applicable? Rs 112.36 or on Rs 104/= ( ie after deduction of 70% to be deposited by us.)
Pl advice
Regards
Abhaya Sinha

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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04 July 2012 TDS will be deducted on the total amount payable to the Man power supplier.
Total amount to Manpower supplier will be Rs. 103.708 and tds will be deducted on such amount.

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