Works contract service
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 April 2015
I received 2 invoices for payment processing...both are seprate..one is for Material received at site in which VAT is Charged on Goods..Second invoice is for labour chgs also includes amount of service tax @ 12.36%.Nature of bills are of AMC Work.
My query is whether it will be covered under reverse charge mechanism for deduction of Service tax to be deposited by receiver in propotion of 50%
My query is whether it will be covered under reverse charge mechanism for deduction of Service tax to be deposited by receiver in propotion of 50%
17 April 2015
If service provider is (i)any individual(ii) HUF(iii) Proprietary firm(iv) Partnership firm(v) Association of Persons located in the taxable territory and you are a company, then you are liable to pay 50% service tax under reverse charge.
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Treatment of Pension ?annuity returns on PMVY
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Free lancer income
- STCG FOR GOLD ETFs
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
