HI,
Respected all, i have just joind in this Forum for the first time and i really hope with all the exprerts in the pannel, i would be having answers to my queries.
Q- we have a vendor, who is renting us CCTV cameras in several premises with quarterly rental, vendor is charging service tax on 30% of the value and charging CST on 70% of the value.
i am not sure under which clause of CST or S tax it is being done and how TDS will be deducted.
please suggest.
Hi,
Greetings for the day!!
As per your Facts, it is Very much Clear that CCTV Cameras are given on hire (rent) and there is no sale of anything but just Services of renting is provided.
Hence, on whole of the amount Service tax is leveivable instead of 30% of ST & 70% of CST.
Apart, your client has Small Scale Service provider of Rs 10,00,000., So upto Turnover of Rs 10 Lacs no ST will be Charged.
and as per clearification, TDS is dedicuted on amount other than on Service Tax portion.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
