banner_ad

Service provided to Government

Queries 1232 views 3 replies

HI all,


My company got an advertising tender from the govt of Rs.750000. We subcontracted that work to other advertising agencies for Rs.675000. My query is that what is my company's service tax implication??? What amount do i need to pay as service tax and what amount of credit can i get??

Replies (3)

if your company registered with service tax department then charged service tax from govt and if sub contractee charged your company service tax then claim the same as cenvat and pay the balance amount to govt (Service Tax Department)

Thanx Harpreet. I need to know one more thing. actually my first bill was of 325000. next bill was of 750000. aggregate amount crosses the 10 lakh limit. now i will get my company regd under service tax. but what about the two earlier bills??? Whats their tax implications??

agreggate of 10 lacs will get exempted and only above 10 lacs u will be liable to pay tax. ( without input credit of service tax)


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details