we are going to issue a bill against repair and maintenance service, service provided during the period 2010-2011 & 2011-2012 but bill was not raised at that time and neither any money has been received from party agaisnt the service provided

queries-

i) What will be the rate of service tax, if we issue bill in the month of November '2012?

ii) Do i have to pay any interest or penalty for this? If yes, kindly provide the reference or detail.

Thanks in advance

Regards

Niraj

Service provider (proprietorship firm) is providding man power supply service to a charitable hospital run by trust. Provider is charging ST @3% under RCM. However being a charitable trust service receipent is not paying any ST. In this case is the service provider is supposed to charge ST @12% as receipient is not paying anything?

We are Pvt.Ltd. Company and we are receiving bills from Motor Vehicles Suplier for carrying employees to factory. In the respected bills the are charging service tax on abated value (only 4.94%).

For Example
If Bill Amount 5000/-
Service Tax 4.94% 247/-
...............................
Total 5247/-

So My Question is what is the tax liability applicable to us under partial
reverse charge mechanism?

Sir Kindly inform the percentage of service tax applicable to us in above conditions?



And also We are eligible to get credit on liability paid by us and payment made to cab operator?

how to compute the taxable service for charging service tax in case of chit fund business. Does enrolment fee, late fee etc charged from customers are also liable to service tax along with the foreman commission received from them

Hello Everyone.

I am Works Contractor in Karnataka Electricity Department. and i am recently availed Service Tax Registration NO. so can anyone tell me how i can charge a service Tax on works Contract Bills.
T

Hello Expert

there is any amendment is st regarding to payment that service provider or taker will pay 1/4 of total service amount (like in Transport service taker pay 1/4 of st amount)

awaiting for reply
pankaj singh

Dear Experts,

I need your view on the following queries:

1. Can Company take CENVAT Credit on Service Tax paid on Insurance Premium paid on Motor Car?

- Both in case its owned motor car and in case it is hired from its employee.



2. Company has hired Motor Car from its emplyee and company pays rent for motor car. Now as per Reverse Charge Mechanism Company needs to pay Service Tax on rent paid on motor car as a Service receiver.

Now Can company take CENVAT Credit paid on such rent paid on motor car hired from employee?



Regards,

CS Samiksha Kansara

Please ask the executive in Faxonic that there is no conflict regarding abatement rate of 70% of S.Tax but the Service tax calculated at their end, 50% WILL BE DEPOSITED by them and 50% to be deposited by WCPL to department AS PER Reverse Charge Mechanism Applicable on Works Contract.

The bill need to be revised and service tax charged by them should be Rs. 38.36 only.

Gross amount : Rs. 886.90
Service Tax : Rs. 38.36
[886.90*70%*12.36%*50%]
Vat: Rs. 66.52
Total: Rs. 991.78

Sir
According to the recent changes, it is mentioned that reverse tax mechanism is applicable and the service recipient is laible to pay service tax for Goods transport by road without any abatement. In this connection one of client who is a whole sale dealer of Rice and Sugar makes payments of Rs 70000 to 80000 per laod. Whether he is laible to take Service Tax Registration and to collect and pay Service Tax .Kindly advice
RGDS

HI EXPERTS
I AM FILLING THE RETURN OF SERVICE TAX FOR THE FIRST QUARTER FROM APRIL TO JUNE OF ONE OF OUR PARTY. I HAVE ONE CONFUSION ABOUT 60% ABATMENT IN THE SERVICE OF CONSTRUCTION OF COMPLEX. SHOULD I TAKE THE 60% ABATMENT. I THINK IT IS APPLICABLE TO ONLY WORKS CONTRACT
AND IF IN WORKS CONTRACT WE CAN TAKE THE 60% ABATMENT THEN IN WHICH NOTIFICATION OF ST IT IS COVERED. BECAUSE IN ACES EFILING UTILITY FOR APRIL TO JUNE 2012 THE NOTIFICATION NUMBER APPLICABLE FOR ABATMENT IS COMPULSARY. REPLY ME FAST EXPERTS