Payment of service tax under partial reverse charge

Discussion in 'Challans' started by Gimi, Mar 28, 2014.

  1. Gimi

    Gimi Member

    I AM A WORKS CONTRACTOR PVT LTD COMPANY AND I HAVE GOT A WORKS CONTRACT. THE SAME HAS BEEN SUB LET TO ANOTHER WORKS CONTRACTOR WHICH IS A PARTNERSHIP FIRM. SO UNDER, THE REVERSE CHARGE MECHANISM, I HAVE TO PAY 50% LIABILITY OF SERVICE TAX. PROBLEM: FOR PAYMENT IN GAR 7 CHALLAN, DO I HAVE TO MENTION THE NAME OF THE SUB CONTRACTOR ON WHOS BEHALF I AM PAYING THE SERVICE TAX? ALSO, I HAVE MADE THE PAYMENT TO MY SUB CONTRACTOR ON 22.12.12 AS AN ADVANCE. THE SUB CONTRACTOR HAS NOT ISSUED ME ANY INVOICE NOR HAS THE WORK STARTED. SO DO I HAVE TO IMMEDIATELY PAY THE SERVICE TAX PORTION ON THE 6TH OF JANUARY 2012 ?

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