Normally, service tax is computed on value of service and gross amount (value of service + ST ) is billed to customers.
but sometimes it is found that under reverse charge mechanism, ST is computed on Gross billed amount. Why???
plz suggest
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Service tax
Replies (1)
under reverse charge mechanism ,service tax is paid(to the govt.) by the service recepient ..so the service provider does not include ST in the bill
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