Tds and service tax related query in one case
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 March 2014
Dear guys, I have one query related to TDS & Service tax on Security company.
suppose one security company provide to another company, business entity a security guards, then how shall impose and calculation of TDS and service tax?
suppose one security company provide to another company, business entity a security guards, then how shall impose and calculation of TDS and service tax?
05 March 2014
Reverse charge is applicable when security service is provided BY an individual, HUF or partnership firm TO a COMPANY.
In that case, partial reverse charge is applicable. 25% liability is to be charged by the service provider and 75% is to be paid by the service recipient.
CBDT has issued circular 1/2014 which provides that TDS will NOT be deducted on service tax component.
Accordingly TDS will be deducted only on the gross service charges.
In that case, partial reverse charge is applicable. 25% liability is to be charged by the service provider and 75% is to be paid by the service recipient.
CBDT has issued circular 1/2014 which provides that TDS will NOT be deducted on service tax component.
Accordingly TDS will be deducted only on the gross service charges.
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Querist : Anonymous
Querist :
Anonymous
(Querist)
06 March 2014
Thank you very much sir to clear doubt.
06 March 2014
You are welcome. You should use the thanks button to convey your thanks.
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