our business is sugar sale & we are not providing any service. we are paying service tax on reverse charge mechanism only so, what percentage of rete of interest is applicable where 15% or 12%.
also please tell me the interest calculation on service tax with example.
service tax is payable rs. 10000/- date of service & payment is 05/04/2016
due date of payment is 06/05/2016 date of payment is 25/10/2016 so what is the interst on it.
whether all types of assessee can claim concession of 3% or it is limited to individual and firms. whether concession be claimed by service receiver liable to pay tax under rcm
Airlines giving commission to travel agent on ticket being booked from Airlines, Who is liable to pay service tax and under which head?
sir may I know the effective rate of composition scheme applicable for nov 2016 attempt
dear experts, if an assessee has charged service tax during financial year 2015-2016 and deposited the same. now if in a y 2016-2017 assessee wants to claim exemption limit based on py turnover I.e. below rs 10 lacs ,can he do so..or now in ay 2016-2107 he can not claim exemption because he has already charged service tax on bills in a y 2015-2016 ( I want to clear whether exemption is one time or it depends on last year turnover) please suggest , confusion has arises due to difference in opinion of different persons. Thanks Ashish Saini
I am collecting rent from LIC and Bank against building leased to them on monthly basis.. Total yearly rent received by me is approx.12.00 lac. Whether I am liable to pay service tax ?
As we're aware that Service Tax on Air Freight is exempt. So, we need to mention the Air Freight receipt amount in ST-3 as "Amount Charged for exempted service provided or to be provided (other than export of service".
i have a garden rent charge 42000 .including st. there is abatement of 40%. help me to find out st amount... and it's calculation..
Can we take input credit of Excise Duty paid from Output Service Tax Paid???