Suppose X Co. is Availing a service of Manpower Supply, service provider levies Service Tax @ 12.36% in the Bill, and Co have paid the bill and service tax amount to service provider, Still the liability remains to service receipient for 75%,??
Please let me knw
| Yes, the receiver is liable to deposit 75%... and the amount deposited by the provider can be taken as input thereon... |
|
Can you please elaborate it
Please refer to Notification 30/2012 read with 46/2012.
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