service tax calculation

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ervice tax calculation<br> Query (Issue) Started By: - SUBRAMANIAM MEENAKSHI SUNDARAM Dated:- 25-10-2013 Last Reply Date:- 28-10-2013 Service Tax<br>Got 4 Replies<br>Service Tax<br>SIRS, IF A PERSONS NET INCOME IS Rs.100000/- AFTER DEDUCTING TDS , WHAT IS HIS LIABILITY OF SERVICE TAX, ( IF HE IS A SERVICE PROVIDER, HE HAS TO PAY OR THE SERVICE RECEIVER HAS TO PAY) KINDLY CLARIFY. Reply By Anil....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Mishra: The Reply: Please Pay on gross ( Net+TDS). Reply By Brijesh Verma: The Reply: Service Tax is payable on Gross amount that is before TDS. As far as the second part of the query is concerned, Reverse charge applies only in case of the few specified services . Reply By MANDAVILLI RAMAKRISHNA: The Reply: gross ( net plus tds ) is taxable subject to: threshold exemption based on previo....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....us financial year up to Rs. 10 lacs what is the status of the person whether individual or a trust or society or charitable trust etc., what is the nature of service provided by the person what is the status ( both residential status and place of receiving of the service and also the legal status of the receiver ) of the recipient of the service the taxing depends on various factors. your qu....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....estion to be more clear. Reply By MANDAVILLI RAMAKRISHNA: The Reply: if the previous fin. year gross service receipts are less than Rs. 10 lacs you need to pay tax on the amount in excess of Rs. 10 lacs in present year provided that you have not collected ST from the recipient of the service subject to RCM<br> Discussion Forum - Knowledge Sharing ....