Dear All,
Please help me out for the following
the service provider is manpower supply individual
what is the service tax laibility for service provider and service receiver with example pleaseeee.
Menu
Service tax on manpower supply
Replies (4)
Dear Srinivas,
Service Tax liability for Man Power Supply service is
Service Provider has to pay ST @ 25%
Service Receiver has to pay ST @ 75%
Ex:
total Value of Manpower supply is 50,000/- ST @ 12.36% is 6180/-, SP's liability is 25% 1545/- only and SR's liabilty is @ 75% 4635/- (1545+4635=6180).
DEAR SATHYA,
CAN SERVICE PROVIDER TAKE CREDIT OF PROVIDING HIS SERVICE
IN ABOVE SAID EXAMPLE
TAX ON SERVICE ON :- 6180RS/-
SERVICE TAX RECEIVER WILL HAVE TO PAY TAX 6180 RS/- & TAKE CENVAT CREDIT OF ABOVE TAX AGAINST PROVIDING SERVICE
PLZZZZZZZZZZZZZZZZ CORRECT ME
Dear Varun,
Cenvat Credit is eligible to Service Receiver only,
25% ST paid by SP on strength of providers Invoice.
75% ST paid by SR on strength of GAR7 Challan.
thanx sir
Recent Topic
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
- Capital Gains on Dissolution of Partnership
- GST Payment through DRC-03 by cash against notice
- Schedule EI for ITR1
- INCOME TAX DEPARTMENT: DOUBLE STANDARDS
- ITR-4,under presumptive Taxation
- TDS data mismatch with SFT
- Resale of under construction Residential Flat part
- What would be my Salary
Related Topics
CAclubindia
