notification 30/2012 reverse charge
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....otification 30/2012 reverse charge<br> Query (Issue) Started By: - satbir singh wahi Dated:- 18-7-2012 Last Reply Date:- 19-7-2012 Service Tax<br>Got 1 Reply<br>Service Tax<br>what is the position as ....
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....to rent a cab service provider , previously paying service tax on 40% of invoice value. now by noti 30/2012 . please clarify the current position. Reply By Vijay Chitte: The Reply: As per Notificatio....
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....n no 30/2012-ST, If you provide services to any Body corporate and if you not avail any Cenvat credit on inputs, capital goods or input services then you do not charge any service tax in invoice, simp....
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....ly you have to charge your gross amount (without service tax), But, you have to make declaration in invoice that service tax payable @40% on gross amount by service recipient as per the said notificat....
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....ion. Further, If you avail any Cenvat credit on inputs, capital goods or input services then you have to charge service tax @60% on gross amount and make declaration in invoice that balance service ....
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....tax payable @40% on gross amount by service recipient as per the said notification.<br> Discussion Forum - Knowledge Sharing ....