Director of the company receiving rebate/commission from company, on which co. is deducting TDS @ 10%. what will be the S.tax implication on the same. Whether company has to pay s.tax under reverse charge mechanism.
"IF REBATE PAID TO INDIVIDUAL DIRECTOR DURING THE WHOLE YEAR IS LESS THAN 10 LACS THEN WHAT WILL BE SERVICE TAX APPLICABILITY ?

Thanks:

Rahul

hi friends,
my client is an human resource consulting pvt ltd company, they they provide candidates to various companies as per their requirements, they don't charge from candidates but charge to companies(i.e. employer).now from apr 2012 to oct 2012 they have placed the candidates in foreign countries as well, they have raised the invoices to client without ser tax.
query:whether hr consulting co. is liable to pay ser tax on such export of services?
if yes, then they will be making payment from there pocket?

Dear Sir,
We are in the business of restaurants and hence forward we will be entering the catering business so i want to know whether service tax will be applicable and if so what will the vat and service tax structure if i am raising the bill for Rs 12,00,000/- all inclusive (ie.lunch @ Rs 1000/- for 1200 persons)


Regards
Daniel

dear sir,
i have one query regarding booking of invoices if suppose we received some invoices from overseas party
suppose
date amount
5.10.2012 ( 1000 usd )
8.10.2012 ( 2000 usd )
exchange rate on that day suppose rs. 50 & 51 and suppose i forgot to book all the invoices on time and i booked on 2.11.2012 ( and suppose exchange rate was rs. 55/- on 2.11.2012)
so which exchange rate i used for conversion & why? invoice booking date i.e ( 2.11.2012 ) or the same rate on which invoice raised ( i.e 5.10 & 8.10.2012 )
expert pls reply thanks

We are paying rent to X person, we are using this property for Commercial purpose, we are paying rent Rs.92449/- P.M. (Yearly Rs.11,09,388/-).

X person (Land Lord) is taken Service Tax Registration on 05.11.2012, now he is asking Service Tax on rent from Apr'12.(Land Lord given letter (09.11.2012) for Service Tax from Apr'12 )

Shall we pay the service tax from Apr'12 or Shall we pay the service tax on Rent from Nov'12 (As Land Lord register service tax from 05.11.2012), Pls advice me sir at the aerliest.

We are currently registered under Business Auxiliary Services.
We have raise bill in month of Oct where we have charged service tax @12.36%
But we get payment only 50% of service tax as the client told us that balance liability is ours from July 2012 since bill involve material and labour both and fall in category Work contract.
Now our question is :
1. Whether we have to amend our existing registration certificate as it includes Business auxiliary service only.
2. Whether the invoice raised should be changed. if yes how we have to show the liability of service receiver.

if a service provider is a Company (Pvt Ltd) will the reverse mechanism benefits of 25% and 75% will be available to the company?

Dear Sir / Ma'am,

My cousin brother is running a proprietary company in Mumbai (mira road to b precise) & its a job works (meaning the company gets metals from customers & polishes it & sends them back). Now in this entire process they hav to purchase chemicals & water & color for the entire process. He charges 5% VAT on sales & his turnover from July 2012 (date of inception of the company) till date is more then 10 lacs.

My question to you is, whether he shud apply for service tax?

Suppose I am importing certain services which are subject to service tax in INdia under reverse charge mechanism. On these services, the payments are made as under :

Service charges Rs. 100
TDS on above (paid over & above the above & not deducted from the service charges) Rs. 11

In normal cases service tax under reverse charge mechanism is to be paid on the total value of services (including any withheld taxes). So suppose in above case Rs. 100/- being invoice value, we deducted taxes of Rs. 10/- & pay Rs. 90/- to the service provider, then service tax is to be paid on Rs. 100/- & not on Rs. 90/-. But in the present case, nothing is withheld from the invoice value but TDS is paid over & above the invoice value.

Query : In this case will service tax be paid on Rs. 100/- (i.e. invoice value) or on 111/- (i.e. invoice value plus TDS)?

Dear Sir/Madam,

As per Notification No. 15/2012; @ 25% of Service Tax is payable by Service Provider and @ 75 % Service Receiver.

The quarry is:

Can Service Receiver pay this 75% share to the Service Provider for on going payment to Service Tax Department.

As per agreement 25% of S.T. is also being reimbursed to the Service Provider. Can 75% Component also be paid through Service Provider by Reimbursement to him.