TaxTMI 
TaxTMI 
Will attract service tax under RCM on Bonus paid to Contractor.
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....ill attract service tax under RCM on Bonus paid to Contractor.<br> Query (Issue) Started By: - Swapneswar muduli Dated:- 24-10-2015 Last Reply Date:- 25-10-2015 Service Tax<br>Got 2 Replies<br>Service....
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.... Tax<br>Dear Sir, We are a manufacturer and we avail labor service from various labor contractor so in Diwali labor cpntractor claim the bonus for the financial year 2014-2015. My query is that is th....
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....is transaction attract the service taxliability under Reverse Charge Mechanism as these labor contractors are proprietor. If yes then how much % Because this bous related to 2014-15 and that time the ....
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....service tax was (12.3%) and liable by service receiver on 75% . But at present the service tax % is 14% and liable by service receiver on 100%. On above transaction which provision will attract. Reg....
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....ards Swapneswar Muduli Reply By Ganeshan Kalyani: The Reply: The bonus paid to the contractor will be considered under Manpower supply service and thereby falls under reverse charge. The service ta....
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....x @ 14% will be applicable. Reply By Mahir S: The Reply: Yes sir, the views expressed above are correct.<br> Discussion Forum - Knowledge Sharing ....