Answer / amit kapoor

If you raise invoice to client of rs 100 and 12.36 rs
service tax and client give you rs 100 and ask you to
deposit service tax first and submitt challan and then
reimburse service tax.

In such condition amount of rs 100 should be considered
part payment inclusive of service tax and the partly
service tax should be deposit by you.

Answer / rajveer

no, not at all
inthis case rs 12.36 should be paid by us to the govt.
just like reducing the profit by same amount by making
provision

if threshhold limit is crossed then tds is deducted on which amount ? Aggregate or exceeding threshold limit?

0 Answers   Sapcon Instruments,

---

IF my Salary 150000 PA wat is my Basic salary ,PF,ESI And Other

3 Answers   Nirma,

---

what r the differences among GRN, TOT, VAT and other regestration numbers. what is the limit to the turnover according to vat act?Pleas clear my doubt.

1 Answers   Satyam, Texus, Vinayak Traders,

---

FBT % on Tour & Travelling Exps?

3 Answers  

---

Hi,  Can somebody help me to know whether WCT MVAt is applicable on catering service, if the caterer is uses his own material and labour for doing cooking in our premises and later the product is sold in the same premises for the employees. Kinldy advice whether WCT will be deducted on this.

0 Answers   Hinduja,

---

How to calculate gross salary from bsaic payment, D.A, T.A, H.R.A?

4 Answers   DELL, Fisheries, GSI, Hyundai, Margadarsi, MPPGCL Madhya Pradesh Power Generating Company Ltd, Omethos, Wipro,

---

what is all tcs rate

2 Answers  

---

What is the VAT rate for Gold at present? How to calculate VAT for gold?

1 Answers  

---

what is vat ? due date for pymt ? return forms ? how input credit taken ?

7 Answers  

---

If suppose we wrongly deduct the TDS on professional fees then what to do?

2 Answers  

---

How to calculate TDS on rent when rent is added with service tax?

2 Answers   INDUS,

---

what is present rate for excise duty & service tax for f.y 2009/10?

12 Answers   Ambuja,

---