TMI Bloglabour contractX X X X Extracts X X X X X X X X Extracts X X X X ..... i am an individual small manufacturer out sourcing 6 labours from a labour contracter (individual) What is ST law applied - Reply By Rajagopalan Ranganathan - The Reply = Sir, If the total t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... urnover of your labour contractor is less than 10 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his turnover is more than 10 lakhs, then your labour 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 n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... O. 30/2012-sT DATED 20.6.2012 AS AMENDED. - Reply By Naveed S - The Reply = Sir, In simple words - Under reverse charge mechanism, there are no service tax liability on Individual Small Manufactur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ers, so don't read too much and don't get confused with service tax matters. The more you read, the more confused you shall get. Instead, Just concentrate on your business and the manufactur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing aspect. Best of Luck. - labour contract - Query Started By: - mali chand agarwala Dated:- 15-10-2014 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|