Works contracts service tax

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ganesh ramchandra purekar

ganesh ramchandra purekar (Querist)
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10 June 2013 please help me

ganesh ramchandra purekar

ganesh ramchandra purekar (Querist)
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10 June 2013 service tax

Ganeshbabu K

Ganeshbabu K (Expert)
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10 June 2013 Reverse charge in works contract service:-

1)50% tax by service receiver if service provider of works contract service is individual, HUF, proprietary or partnership firm or AOP

2)AND service receiver is business entity incorporated as body corporate.

3)50% service tax is payable by service provider and 50% by service receiver. The service receiver liable for 50% even if service provider does not charge service tax.

4)Construction, Job work with material, AMC covered under works contract.

Ganeshbabu K

Ganeshbabu K (Expert)
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10 June 2013 Billing by service provider:-

1)Service provider should charge only his part of service tax

2)Service receiver to pay service tax of his part by GAR-7 challan

3)Service receiver liable for only his part and not entire amount, even if service provider does not charge his portion of service tax.

4)If statutory liability is of service receiver, he alone is liable to pay servicetax to department

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