New User   Login      
Tax Management India .com TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Regarding SBC

Service Tax - Started By: - Mangesh khedkar - Dated:- 30-12-2015 Last Replied Date:- 1-1-2016 - Dear sir,I have given contract to security agency (company) & vendor raised bill month of November 2015 with invoice date 30 Nov. 2015 but vendor charge Swachh Bharat Cess on only 16 days service value. hence please suggest it is correct or not. - Reply By YAGAY AND SUN - The Reply = Point of taxation: As Cess is a new levy and is applicable on all taxable services, Rule 5 of Point of Taxation Rul .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

Payment received, services provided and invoice issued on or after November 15, 2015 Yes - Reply By Ganeshan Kalyani - The Reply = In my view since invoice is raised after 29th November the SBC shall be on entire invoice amount and not only for some period. How can you segregate the invoice amount when it has not been specifically given in point of taxation rule. I welcome experts opinion in this respect. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Vendor has to pay SBC for the full invoice .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version