TMI BlogLabour contractX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir Our manufacturing is going to engage Labour Contractor for supplying labour. I would like to know under RCM whether our company is bound to pay 15% of 75% or 15% of 100%. Please advice me. With thanks Samik Chaudhuri. - Reply By SHIVKUMAR SHARMA - The Reply = Mr Samik You have to pay15% of 100% under RCM. - Reply By KASTURI SETHI - The Reply = Sh.Shivkumar Sharma Ji, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I want to know 15 % of 100% under which notification ?? There is every possibility that I may have missed some notification pl. Thank you. - Reply By SHIVKUMAR SHARMA - The Reply = Respected kasturi Sir Pls.Refer Notification No.30/2012 ST amended vide notification No.07/2015 ST dtd.01/03/2015. - Reply By KASTURI SETHI - The Reply = Sh.Shivkumar Sharma Ji, As per Notificati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on No.7/15-ST dated 1.3.15 (Effective from 1.4.15) 100 % ST is to be paid by Service Receiver. There is no question of 15 % of 100. Do you agree ? Pl. comment upon. - Reply By SHIVKUMAR SHARMA - The Reply = Respected Sir The Query of Shri Samik Chaudhary is as Under : Suppose Labour Charges is ₹ 100/- 15 % ST is to be Paid by them on ₹ 75 or ₹ 100 under RCM Earlie ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r before 01/03/2015.in case of Manpower supply ST was paid by service provider on 25% of Labour bill service receiver was paid ST on 75% of Labour bill. Now 100% service tax is to be paid by Service receiver only as per Not.No.07/2015. - Reply By KASTURI SETHI - The Reply = Sh.Shivkumar Sharma Ji, Thank you. O.K. Sir. The querist was not aware of Notification No.7/15-ST. More than o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ne and half year has elapsed and he was not aware of the amendment. Anyhow, situation is clear to me. - Reply By Ganeshan Kalyani - The Reply = Nicely replied. Thanks. - Reply By KASTURI SETHI - The Reply = Sh.Ganeshan Kalyani Ji, I should have grasped the query in the first instance though the querist has not written the word, 'Rate of ST'. It is fail ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ure on my part as I took considerable time to understand.!!! - Reply By Ganeshan Kalyani - The Reply = Sir, with due respect to all, I would like to mention that the question should have been drafted with little clarity. The querist has written 15% of 100% , it should have been 15% of 100% of Value of Service . Then it would have been transparent. Sometime it happens that what querist is wil ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ling to ask is not what exactly written in the query. Hence I would request all those who are posting queries should post queries clear and complete. Thanks. - Labour contract - Query Started By: - Samik Chaudhuri Dated:- 23-7-2016 Service Tax - Got 9 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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