As per recent service tax ammendements man power supply has to charge in ratio of 25:75 .
so my question is, if i as a individual should charge in 25:75 ratio to nationalised banks, co-operative banks etc...or this is applicable only to public & pvt. ltd.
kindly help me out................
The notification is silent about service receiver, hence it is applicable to all catogery of service receivers.
In my opinion you should charge 25% to all your clients.
Shyam S Gupta and Company
New Delhi
CA Inter
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Varma Raja & Associates
Thrissur
CA Inter
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M N Rao & Associates LLP
Vijayawada
CA Inter
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CCI
Pro
CAclubindia
