Good morning all,
My doubt is, when main contractor and subcontractor are individuals who is liable to service tax? And employer is deducting 50%tax amount under reverse charge mechanism. In that what is the tax liability of both main contactor and subcontractor? Please help me.
Hello,
I didn't understand what you wrote above.
Main contractor will pay balance 50% service tax to the Government.
Sir,
Our's is Sole Proprietory concern and we are doing a work under works contract service, as a sub contractor. Our main contractcor is also sole proprietory concern. Our employer is deducting 50% service tax under Reverse Charge Mechanisim. What is our tax liability in that case?
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