Work contract_urgent
This query is : Open
17 December 2013
Dear member,
in my Company tax department is having practice to charge ST @ 6% as recipient and service provider is also charging ST @ 6% so in total we are paying ST 12% .
Service provider shows service portion seprately and the rate is applied on service portion only but the confusion is that do we need to pay ST after abatement i.e 60% as it is for fitting of machinery and to apply 3.6% (12*60%*50%) as reverse chage applicable to us and without considering the option (Method) applied by Service provider.
also clarify about Cenvat credit of ST paid to Service provider and as per reverse charge in case 1 and case 2.
Thanks & Regards,
Bhavesh Sanghavi
in my Company tax department is having practice to charge ST @ 6% as recipient and service provider is also charging ST @ 6% so in total we are paying ST 12% .
Service provider shows service portion seprately and the rate is applied on service portion only but the confusion is that do we need to pay ST after abatement i.e 60% as it is for fitting of machinery and to apply 3.6% (12*60%*50%) as reverse chage applicable to us and without considering the option (Method) applied by Service provider.
also clarify about Cenvat credit of ST paid to Service provider and as per reverse charge in case 1 and case 2.
Thanks & Regards,
Bhavesh Sanghavi
17 December 2013
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