Confusion in notification no. 30/2012 WCT-Reg.

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..... Confusion in notification no. 30/2012 WCT-Reg.
Query (Issue) Started By: - RAM SHARMA Dated:- 14-6-2013 Last Reply Date:- 15-6-2013 Service Tax
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Service Tax
Dear Experts, As p .....

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..... er service tax notification under reverse charge in respect of services provided or agreed to be provided in service portion in execution of works contract. The liability is define 50% for both servic .....

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..... e provide as well as receiver. I am little bit confuse in the end of notification in Explanation-II regarding work contract tax given below:- Explanation-II. - In works contract services, where both .....

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..... service provider and service recipient is the persons liable to pay tax, the service recipient has the option of choosing the valuation method as per choice, independent of valuation method adopted b .....

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..... y the provider of service. The above explanation create dispute at the time of service tax audit if a service provide or receiver assess the value in lower side. Please clerify. Thanks Reply By Vij .....

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..... ay Chitte: The Reply: Legally he can use his own method for vauation, practically it is difficult and hence advisable to follow same method as followed by service provider - unless u have strong view .....

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..... that they are not following correct method.
Discussion Forum - Knowledge Sharing .....

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