TaxTMI 
TaxTMI 
labour contract
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....abour contract<br> Query (Issue) Started By: - mali chand agarwala Dated:- 15-10-2014 Last Reply Date:- 15-10-2014 Service Tax<br>Got 2 Replies<br>Service Tax<br>i am an individual small manufacturer ....
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....out sourcing 6 labours from a labour contracter (individual) What is ST law applied Reply By Rajagopalan Ranganathan: The Reply: Sir, If the total turnover of your labour contractor is less than 1....
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....0 lakhs during preceeding finanicail year or it is not likely to exceed ₹ 10 lakhs limit during current year then no service tax is payable. If his turnover is more than 10 lakhs, then your lab....
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....our contractor has to pat service tax on 25% of taxable vaLUE AND YOU HAVE TO PAY SERVICE TAX ON 7\5% OF THE TAXABLE VALUE. VIDE nOTIFICATION nO. 30/2012-sT DATED 20.6.2012 AS AMENDED. Reply....
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.... By Naveed S: The Reply: Sir, In simple words - Under reverse charge mechanism, there are no service tax liability on Individual Small Manufacturers, so don't read too much and don't get con....
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....fused with service tax matters. The more you read, the more confused you shall get. Instead, Just concentrate on your business and the manufacturing aspect. Best of Luck.<br> Discussion Forum - Kno....
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....wledge Sharing ....