Work contract
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 January 2016
Dear Sir,
Suppose gross amount is Rs. 1000/- and service tax charged on 40% of gross value - 400*14%= Rs. 56.00. Now we have collected Rs. 28/- from customer under RCM.
Now I want to ask that which way is correct for filing st-3
1. Gross amount 400/- service tax 7% tax value Rs. 28/-
2. Gross amount 1000/- now which abetment or exemption I should claim to get deducton of Rs. 600/- from gross amount?
Please advise me.
Its urgent.
Suppose gross amount is Rs. 1000/- and service tax charged on 40% of gross value - 400*14%= Rs. 56.00. Now we have collected Rs. 28/- from customer under RCM.
Now I want to ask that which way is correct for filing st-3
1. Gross amount 400/- service tax 7% tax value Rs. 28/-
2. Gross amount 1000/- now which abetment or exemption I should claim to get deducton of Rs. 600/- from gross amount?
Please advise me.
Its urgent.
30 January 2016
Gross amount -1,000 to show in column B1.1 and B1.7.
600 - to show in column B1.11 and B1.13
600 - to show in column B1.11 and B1.13
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