Service tax registration in reverse charge mechanism
Sajal Sarkar
(Querist) 08 September 2013
This query is : Resolved
Dear Sir,
X is a Trader having business entity registered as body corporate. X does not provide any services at all. In the month of March, 2013 X received a service from Y (a partnership firm) for Manpower supply.Y raised a service bill of Rs.5,000/- with ST Rs.155 (25% of Rs.5,000*12.36%) making total of Rs. 5,155/-.X paid the service bill of Rs. 5,155/-.
My queries are-
1)Is X falling in service tax registration?
2)If so in which taxable service X will fill up ST-1 ?
3)If X receive other taxable service like works contract service ?
Please help me in this regard.
Regards,
Sajal Sarkar
R.K Nanda
(Expert) 09 September 2013
contact tax lawyer.
ajay sethi
(Expert) 09 September 2013
commercial query
Ms.Nirmala P.Rao
(Expert) 10 September 2013
Dear Client,
X needs to register under "Reverse charge Mechanism as recipient of services from Y and need to file his ST-1 form accordingly..
X needs to pay service Tax on 75% value of services received from Y, namely Man power supply services.
X needs to pay service Tax on 50% of th total value of services as recipient of services under works contract
Ms.Nirmala P.Rao
Hyderabad
