PAYMENT OF SERVICE TAX
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....AYMENT OF SERVICE TAX<br> Query (Issue) Started By: - S.C. WADHWA Dated:- 1-10-2012 Last Reply Date:- 1-10-2012 Service Tax<br>Got 1 Reply<br>Service Tax<br>I am being an individual have given propert....
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....y on rent to an business entity in the year 2006 @Rs.20 lacs per month and entered an agreement that the rent was inclusive of all taxes at present and in future also. Service tax levied on renting se....
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....rvices w.e.from 1.7.2007 and since then I am paying service tax by treating rent of 20 lacs inclusive of service tax as the said entity denied to pay service tax on rental amount as agreed. Now my qu....
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....ery is that when service receiver is liable to pay tax under reverse charge irrespective of the status of service provider whether eligible for service tax payment or not w.e.from 1.7.2012. Whether I ....
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....should stop for paying service tax for the quarter ending 30.9.12 onwards. Please give your expert opion on the matter immediately. Reply By Pradeep Khatri: The Reply: If the service receiver is lia....
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....ble to pay service tax under reverse charge mechanism then service provider has to charge only it's share of applicable service tax on the taxable services only.<br> Discussion Forum - Knowledge Shari....
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....ng ....
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