Hi... friends Plz resolve this problem, If we raised an invoice in fy 2011-12 @10.3% But pay tax on payment basis which is received after april 2012(i.e rate increased to 12.36%), At wat rate we hav to pay service tax..???

Hi,

This is Ram, I have been facing some issues regarding service tax.

1 Supply of Manpower for any purpose 25% 75%
2 Service portion in execution of works contract 50% 50%

In above scenarion which journal entries will be generated and which base calculate the service tax and TDS.

Kindly provide the suggestions.

Dear sir/madam,

My client is providing services in the category of "CONSTRUCTION SERVICES IN RESPECT OF COMMERCIAL OR INDUSTRIAL
BUILDINGS AND CIVIL STRUCTURES".
For the Month of October, When he raised the invoices to the company for services provided by his firm, Account department of the company reject the invoice asking to my client to charge service tax on 50% amount. They said that on balance 50%, service tax would be paid by service receiver.
Please clear the rate of abatement for the said service as mentioned above.. Whether 75% - 25% or 50% - 50%..?
Please help me... Its urgent..

if a person is having a turnover of 15 lakhs, 9.25 lakhs in the last two preceding years and current financial has a value of taxable service of Rs. 11.90 is eligible for exemption as available to small service provider? Can this exemption be claimed more than one year?

Details of previous year i.e. 2010-2011

Total t/o Rs. 800000/-
Payment Recd. Rs. 200000/-


Details of Current Year i.e. 2011-2012

Total T/o Rs. 2500000/-
Payment Recd. Rs. 1100000/- in which previous year payment Rs. 400000/- & balance of Rs. 700000/- in Current Year.


What is the beneficial for me in service tax ????

we are providing renting of immovable property services since june 2007. where got registered under the service tax in november 2011,
now we have to paid the service tax since june 2007. we have not charged any service tax from tenant .
meanwhile tenant has agree to pay a lump sum amount of service tax from the period aug09 to dec 10.
we have paid tax to deptt. as assumed that gross amount charged from tenant (by reverse calculation),
Now the tenant demand a invoice of lump sump payment by him of service tax. mentioned therein like service tax rs.........
pls suggest me whether we can raise the invoice of same amount to tenant , whether any liability would occur on same invoice.

Please tell me vehicle hiring and rent a cab is same thing????? abatement of rent a cab is applicable to vehicle hiring ??????

Can any body tell me that :
I was liable to service tax charge in F.Y 2010-11. But my turnover is not exceed of rs 9,00,000 for current year. can i add service tax in my bill amount

earlier the said abatement on this service was covered under Notofication 01/2006 S.T. DATED 01-03-2006.
Recently, a new notification 26/2012 has been issued (applicable wef 01-07-12) covering 12 services,nither of them include "Errection & installation".

pl confirm,if abatement in said service is still available under Not 01/2006 or same is not available as the same service is not covered under new not.26/2012.
should Not.26/2012 be considered as final for all kinds of abatement.

we have taken a office premises on leave & licence aggrement and also some ammenities on aggrememt from a pvt ltd company. can the company charge s.tax on the the leave & licence fees and ammenities charges? please clarify me the same.