Works contract
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 June 2013
Hi Everyone,
Am new to this site, can anybody tell me how to calculate tax for works contract as per the below details.
Comapany A - Service Provider ( Partnership Firm)
Company B - Service Receiver ( company)
How to raise a bill for works contract under reverse charge mechanism.
Please help me with calculations.
Basic value 100000
Am new to this site, can anybody tell me how to calculate tax for works contract as per the below details.
Comapany A - Service Provider ( Partnership Firm)
Company B - Service Receiver ( company)
How to raise a bill for works contract under reverse charge mechanism.
Please help me with calculations.
Basic value 100000
Rupesh Jain
(Expert)
19 June 2013
r/sir
reverse system are not applicable service receiver is other than a company.
reverse system are not applicable service receiver is other than a company.
Message likes :
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Ganeshbabu K
(Expert)
19 June 2013
Reverse charge not applicable..
In case of work contract reverse charge is applicable only if service receiver is "business entity registered as body corporate"
total service tax applicable can be claimed in your bill only
Thanks & regards
Ganesh babu k
In case of work contract reverse charge is applicable only if service receiver is "business entity registered as body corporate"
total service tax applicable can be claimed in your bill only
Thanks & regards
Ganesh babu k
Message likes :
1 times
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