Menu
Service tax on labour consultancy
If a person supplying labours in factory on commission basis & company billing total amount of salary on the name of that person. The turnover of that person rises although the net gaining is low.
So it is compulsory to take registration for service for this type of work.
Replies (1)
Service tax on manpower service
2.1. Definition:
Supply of manpower service: As per rule 2(g) of service tax rule,1994 , supply of manpowermeans supply of manpower, temporarily or otherwise, to another person to work under his superintendence or control.
2.2. Reverse charge mechanism on supply of manpower:
As per notification 30/2012-ST dated 20.6.2012, In respect of services provided or agreed to be provided of supply of manpower service, the liability pay service tax would be as follows:
|
Taxable Service
|
Provided by
|
Provided to
|
Percentage of service tax payable by the person providing service
|
Percentage of service tax payable by the person receiving the service
|
|
services provided by way of supply of manpower for any purpose
|
· Individual
· HUF
· proprietary firm
· partnership firm
· AOP
|
· Company
· LLP
|
25%
|
75%
|
Recent Threads
- Closing Stock111
- INVOCIE GENERATED FROM ONE COMPANY AND EWAY BILL G
- Ineligible itc under section 16(4) & itc restr
- Itc on when mixed sales percent in hospitality
- Apply for GST registration while working in MNC
- Deferment period for Advance Tax under Section 234
- Permanant transfer of duty free goods by Advance A
- 1% TDS Deduction on Property purchase through inst
- Tax on leave encashment on retirement
- Guidance Required on Notices Under Section 234B Af
Related Threads
CAclubindia
