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Service tax
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 /-
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 /-
Thanks for your information
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