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TMI Blogliability of service tax paymentX X X X Extracts X X X X X X X X Extracts X X X X ..... liability of service tax payment X X X X Extracts X X X X X X X X Extracts X X X X ..... follows Total bill Value :- 26870/- Service tax charged by service provider on 25% of bill value :- 830/- Gross Value :- 27700/ Either we (Service Provider) pay service tax on Gross value i.e on 27700/ or Bill Value i.e on 26870 Please clarify. Regards Reply By PAWAN KUMAR: The Reply: Dear Sir, As per my view, service tax is to be charged on bill value i.e. 26870. Reply By Rajagopal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an Ranganathan: The Reply: Dear Shri. Anil Kumar, You have to pay service tax of bill value, that is, ₹ 26870/-. Reply By Naveed S: The Reply: Yes Sir, the submission made above by learned friends is true. (However, department would not mind if you pay service tax on Gross Value...) Reply By Rajagopalan Ranganathan: The Reply: Dear Shri. Anil Kumar, I apologize for the typing error ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that has crept in my previous reply. You are liable to pay service tax on 75% of the bill value, that is, ₹ 26870/-. Reply By Pradeep Khatri: The Reply: Dear Anil, Service Tax under PRCM would be payable by you on the 75% value of the basic Invoice Value i.e. INR 26870/- Regards, YAGAY and SUN (Management, Business and Indirect Tax Consultants) Reply By RAHUL SETHIA: The Repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y:
Dear Mr. Anil,
According to me, service tax should be charged on bill value, which in your case is ₹ 26870/-. simply putting, service tax cannot be charged on service tax itself.
Regards,
Rahul X X X X Extracts X X X X X X X X Extracts X X X X
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