Valuation in case of manpower recruitment and supply agency
This query is : Resolved
05 August 2013
If an assessee engaged in supplying temporary labour to a company engaged in seismic survey and data acquisition. Assessee receive the labour charges along with his service charge of 7.5% of total labour payment.
Whether Service tax leviable on this service is on 7.5% service charge or on total payment (i.e. labour payment+7.5% Sr. Charge)?.
If ST is leviable on labour payment+7.56% Sr. Charge then is there any provision for abatement in ST.
Whether Service tax leviable on this service is on 7.5% service charge or on total payment (i.e. labour payment+7.5% Sr. Charge)?.
If ST is leviable on labour payment+7.56% Sr. Charge then is there any provision for abatement in ST.
05 August 2013
Service payable on 25% of the aggregate value of Labour payment and commission thereon by you and on 75% of the value by the service receiver if conditions of clause I A (v) of notification 30/2012 are satisfied
Service payable on 25% of the aggregate value of Labour payment and commission thereon by you and on 75% of the value by the service receiver if conditions of clause I A (v) of notification 30/2012 are satisfied
Message likes :
1 times
06 August 2013
But the service provider is charging Service tax @3.09% on 7.5% of the labour payment, is it allowable?
07 August 2013
What the contractor is charging is not correct.
While making the payment under RCM, you should pay your share correctly
While making the payment under RCM, you should pay your share correctly
Message likes :
1 times
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
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- ITR returnFY25-26
- ITR 2 Short Term gain & Long term gain
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR 1: Details for showing Exempt Income
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
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
