kunal
10 January 2013 at 14:00

Sale of flats on token money basis

sir .. if mr A gives rs 10lakhs as token money to builder to purchase the flat for rs 1 crore and mrA paid service tax on rs 10lakh as flat is under construction

in the mean while mrA agrees to sale this flat to MR.C after obtaining completion certificate for rs 1.2 crore

AND SALE DEED IS EXECUTED DIRECTLY IN FAVOUR OF MR.C

DOES THAT PROFIT OF RS 20laks liable to service tax in the hands of MR.A ??

if yes,CAN HE CLAIM INPUT CREDIT OF SERVICE TAX PAID ON RS 10 LAKH???

SIR PLEASE REPLY


VINITHA RAJESH
10 January 2013 at 12:41

Software downloads

A company is doing the business of mobile game development. This game is uploaded through an agent. The end customer downloads the game from the agents site. An agreement is executed between the company and the agent for the transactions. The downloads are happening mainly outside India. Net Income (after taking their commission) is transferred by the agent in INR to the company. The agent gives the details of the downloads country wise every month online.

Advice whether this transaction will come under Service tax. If so, will service tax liability be exempted as 'Export of Service'.


JAYAKUMAR.M.G
10 January 2013 at 12:16

Crane service

Is renting of crane without a operator is liable to service tax ?

In our case we own four cranes and out of four two are given on rent to saw mill for their work and all expenses were met by them and driver is not provided .They are engaging their own drivers and charging rent on daily basis.In such case whether service tax is applicable?



Anonymous
10 January 2013 at 08:01

Factory for the purpose of gta

Dear sir please clarify the following,

Is the Rice mill be treated as factory for the purpose of GTA services
situation:we have rice mill recieving the gta services from individual unregistered transport operator

do we required to pay s.t as receipient of service.



Anonymous
09 January 2013 at 22:33

Regarding completion certificate of flat

Dear Sir/Madam,

I have following queries--

1-I want to know whether i am liable to pay service tax of 3.09% to builder for purchase of a flat that is fully constructed.

2-Also provide the scope of construction as per the service tax act.

3-Whether the flat completion certificate is required for possession or not where builder is saying that he does not have a completion certificate but already he has given possession to many buyers.

4-Will bank disburse the loan amount without completion certificate?

Thanks..


kunal
09 January 2013 at 21:20

Sale of flat on token money basis

what is the service tax liability if someone sold flats on token money basis?


Rajesh

Respected Experts,
1.A company which is utilising transport agency services to deliver its raw materials to its factory and to deliver finished goods it produced from the factory to the customer premises. In this case should the company only pay the service tax component on behalf of the transport agency? Is it so, please give me the reply in detail. (sections or notification number be part of your answer.

Thanks & Regards,
Rajesh.



Anonymous
09 January 2013 at 16:27

Reverse charge

Whether a company is liable to deposit service tax under reverse charge If it pay salary to his directors.


gurpreet

Service tax is exempt on construction of single residential house but my query is whether any person specified for this exemption or any person can get that exemption.
For eg: if CA X construct a house can claim exemption?



Anonymous
09 January 2013 at 15:39

Service tax

Without service tax no. invoice is valid or what?

we take cabling service from XYZ servicer. they raise the bill without tax no. but charged vat & Service tax..

so it is valid.






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