Hemant Singh (Contractor) (21 Points)
04 February 2017
Saikrishnan S
(Chartered accountant - Plintron)
(186 Points)
Replied 06 February 2017
In case of manpower supply service, if service provider is Individual, HUF, proprietary firm, partnership firm or AOP located in taxable territory and service receiver is a business entity incorporate as body corporate located in taxable territory; Reverse charge mechanism will apply.
Hence in your case Service tax is to be charged from gross amount i.e 4,16,340 @ 15% amounting to Rs. 62,451 /-
Saikrishnan S
(Chartered accountant - Plintron)
(186 Points)
Replied 06 February 2017
In case of manpower supply service, if service provider is Individual, HUF, proprietary firm, partnership firm or AOP located in taxable territory and service receiver is a business entity incorporate as body corporate located in taxable territory; Reverse charge mechanism will apply.
Hence in your case Service tax is to be charged from gross amount i.e 4,16,340 @ 15% amounting to Rs. 62,451 /-
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