Service tax quary

No. Only in case of Legal Service provided to the company, Company have to pay tax at full rate i.e. 14% on invoice value

Sir,

My Company is a Pvt Ltd. Company. & our VAT Consultant give us invoice for professional charges without any service tax charges.

so I have to deposit S.Tax on his bill.

Service tax under RCM is only for Legal Service provided bu individual advocate or from a legal firm. VAT consultanat is not coming under the ambid of such rule. So no service tax under RCM should be paid.

Sir,

Our VAT consultant is a advocate.

So now please suggeset me should I deposit S.Tax or not. 

Yes then you have apay at full rate 

okk Sir,

Thank you very much.

Sir

what will be accounting entry in this case of service receiver's book ?

1. Legal Expenses A/c .....dr     1000

         To Party A/c                           1000

2. Party A/c ...dr                                                                                 1000

    Service Tax Input (Reverse-100%) - Under Current Asset Head ....dr             140

    SB Cess A/c - Under Indirect Expenses Head    ......dr                                   5

                    To Service Tax Reverse (Liability) - Under Current Liability Head                140

                     To SB Cess Payable A/c - Under Current Liability Head                              5

                    To Bank A/c                                                                                       1000

3. Service Tax Reverse (Liability) .....dr        140

    SB Cess Payable .......dr                          5

              To Bank                                                 145

Sir,

I have a Quary Again that we are paying 100% Service Tax & also taking full input credit on this.

then what is the mean of deposit S.Tax.