TMI BlogWhich provision applicable for service tax for bonus 14-15 to contractor.X X X X Extracts X X X X X X X X Extracts X X X X ..... Which provision applicable for service tax for bonus 14-15 to contractor. X X X X Extracts X X X X X X X X Extracts X X X X ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... service tax is applicable for this transaction because before 01.04-2015 the service tax % was 75 % and 25 % but from 01.-04-2015 onwards it is 100% for service receiver so. In this transaction curre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt provision is applicable ? (2) Will we take credit of this service tax ? Regards Swapneswar Muduli Reply By MARIAPPAN GOVINDARAJAN: The Reply: Current provision is applicable. Credit may also b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e taken. Reply By Ganeshan Kalyani: The Reply: I agree with Mariappan sir that present provision will be applicable. and it is understood that if there is nexus between the manpower employeed and the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... manufacturing activity the credit is rightly eligible. X X X X Extracts X X X X X X X X Extracts X X X X
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