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TMI BlogImport of serviceX X X X Extracts X X X X X X X X Extracts X X X X ..... Import of service X X X X Extracts X X X X X X X X Extracts X X X X ..... and i have paid invoice value to service provider and tax treatment is 1. I have paid With holding tax as per schedule rates (income tax) that is my expenses. i have not issue any certificate to serv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ice provider . 2. I have paid a service tax in Reverse charge i have paid service tax only Invoice value. at the time of calculation i have not consider with holding tax amount my practice is correc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t or not should i consider grossing up amount with holding tax (Income tax) give your best opinion Best regards Nitin Deshmukh Reply By Rajesh Nathoo: The Reply: Dear Mr. Nitin , I think u are s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... peaking of TDS paid by u on the income earned by your foreign service provider . If this is case you have to include this amount in gross value for discharging ur ST liability . Basic logic being that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... if Service Provider would have discharged his ST liability directly , he would have included this amount in gross value . So service receipient is liable to follow follow the same rule . Reply By sr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eemannarayana B: The Reply: As per Section 67, the value of any service shall be the gross amount charged by the service provider for such service render by him. Therefore, Service tax is payable on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gross amount including TDS. X X X X Extracts X X X X X X X X Extracts X X X X
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