What will be the rate of service tax for making audit fees provision , since from 01st April rate is 12% and we will receive bill of 12% (I think), so should i make provision as 12% ST or current rate i.e. 10% ? I think it should be @ 12%.
Menu
Rate of st on provision
Replies (2)
Neeraj ji,
Please refer to Circular No. 158/9/ 2012 – STCircular No. 158/9/ 2012 – ST which indirectly suggest to charge service Tax @ 12.36% if invoice is raised on or after 1st Apr, 2012.
Mr. Neeraj any bill raised after 1-7-11 and the amount received after 31-3-12 will b charged at the rate of 12.36% for CAs....
the above circular along with the POTR must b referred...
Recent Topics :
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
Related Topics :
CAclubindia
