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Calculation Mechacanism of ST on Import Service, Service Tax |
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Calculation Mechacanism of ST on Import Service |
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Dear Freinds Can you guide me the calculation mechanism of Service tax & Tds deduction om import service with a exemple. Best Regards Partha Posts / Replies Showing Replies 1 to 4 of 4 Records Page: 1
The consideration paid to the service provider converted in Indian currency should be the basis for service tax.
Dear Mr Kalyani Thanks for your reply.I want to say that the withhold tax to be deducted on service tax (RCM). Regards Partha
Service tax is payable from own pocket and it can not be reduced from the consideration payable to the service provider. Tds is not deducible on service tax portion.
For TDS deduction you should refer DTAA.
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