02 June 2016
SIR, MY SERVICE TAX IS DUE WHICH IS I HAD NOW DEPOSIT FOR THE PERIOD 2015-16 AND I DO NOT CALCULATE THE TAX AMOUNT , INTEREST, PENALTY AND LATE FEE SO PLEASE HELP THE DETAILS ARE - 01-04-2015 TO 30-06-2015- GROSS AMOUNT IS - 298016.94 01-07-2015 TO 30-09-2015- GROSS AMOUNT IS - 174005.69 01-10-2015 TO 31-12-2015- GROSS AMOUNT IS - 219255.00 01-01-2016 TO 31-03-2016- GROSS AMOUNT IS - 329405.00 SIR PLEASE HELP ITS MY SECOND EMAIL THANKING YOU MUKESH SHARMA
02 June 2016
To calculate the tax liability and interest, it is essential to know what was the category of service provided e.g advertising, business support, renting of immovable property, rent-a-cab, etc. Certain services are entitled to abatement and tax is not payable on the whole amount billed.
During 215-16 on two occasions the tax rate was enhanced, and hence details are required accordingly. For the period April to June 2015, the billing amount of June 2015 is required since from 1st June 2015, the rate of service tax was raised to 14% from 12.36%.
Similarly in the third quarter October to December 2015, billing upto 14th November 2015 from Ist October is required since from 15th November 2015, Swatch Bharat Cess of 0.5% was levied.
In the absence of the above details the correct liability cannot be calculated.
02 June 2016
To calculate the tax liability and interest, it is essential to know what was the category of service provided e.g advertising, business support, renting of immovable property, rent-a-cab, etc. Certain services are entitled to abatement and tax is not payable on the whole amount billed.
During 215-16 on two occasions the tax rate was enhanced, and hence details are required accordingly. For the period April to June 2015, the billing amount of June 2015 is required since from 1st June 2015, the rate of service tax was raised to 14% from 12.36%.
Similarly in the third quarter October to December 2015, billing upto 14th November 2015 from Ist October is required since from 15th November 2015, Swatch Bharat Cess of 0.5% was levied.
In the absence of the above details the correct liability cannot be calculated.
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