Service tax

Forms 603 views 1 replies

we only displays the packages (laboratory test) on our website and sell them through our online portal, the liability of the services and quality would be of particular agency. Payment would be collected by us and sharing would be passed later on to service provider as per Agreement with providers..

 Q: This service (Laboratory test Package) came in to serves tax? If yes (in which % bracket we came)

In this Case we collect the payment (the packages) from customer and later Pass our service provider

 Q: Can we liable to pay service tax from our share?

 Q: If we came in to serves tax  and we bear tax not collect from customer so which amount we pass to our service provider ?

Replies (1)

Yes service tax is payable on the entire transaction and the tax paid to lab testing can be claimed as input and the rate of payment of service tax is 14%

 

However, if there is a PSR agreement then the answer would differ. Everything depends on the way the agreement is drafted therefore it is advised to kindly get it affirmed in light of the provisions of the law


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