Dear All,
I have a question open to all.
I am an Individual working with a Company as contract employee getting salary of Rs 100,000 (+) per months, We have contract for service and i am paying TDS on profession also @ 10%,
Q 1.
Whether i have covered under " Supply of Manpower" and the company is lible to pay the S.T. under Reverse charge mechanism on 75% of Professional Charges which they are paying to me...??
Q 2
As i am getting More than 10 L in a year as professional charges, I should get register under service provider and should pay S.T. on 25 % of my salary...??
Please guide me as soon as possible with related notifications and guidelines if any.
CAclubindia
