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How to Calculate Invoice with Service Tax and TDS - Split Service Type

Hi All,

In a Split scenario, TDS is calculated based on the Service value + PoT portion of Service Tax (Payable by Service Provider to Authorities

 Details

 

Values

 

Service Tax Group

 

Hiring of Manpower

 

(Service Provider) PoT %

 

25

 

(Service Receiver) Reverse Charge %

 

75

 

Amount of Service

 

10,000

 

Service Tax (12 %)

 

1,200

 

Service Tax E-Cess (2 %)

 

24

 

Service Tax SHE Cess (1%)

 

12

 

Total Service Tax

 

1236

 

Include in TDS Base

 

YES

 

TDS % Applicable

 

5

 

TDS Amount

 

515 {5% of 10,000 + (25/100 * 1236)}

 

Regards,

Shailesh

  • Hi Shaliesh,

    Did you ever find a solution to this problem? If yes, would you mind sharing it with us?

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