We are 100% EOU and we are claiming service tax refund. Service Tax Dept had refund us service tax amount for the last quarter of 2011-12 excluding the service tax of Rs.19,386/- paid on Group Health Insurance Premium of our employees stating that it is not input service nor has any nexus with output service exported. The High Court further held that under the scheme of CENVAT Credit Rules, 2004, the service tax paid on all those services which the assessee has utilized directly or indirectly in or in relation to the final product is entitled to claim the credit. It is evident that the assessees are entitled to avail CENVAT credit of the service tax on Group Medical Policy and Group Insurance Health Policy.

Please let us know whether we should go for appeal or not.

what is the period for filing pvt ltd company service tax return its half yearly or monthly and is there any change in this month

Dear experts

We are a security agency & we have not yet filed a service tax return for Q1 because of lack of knowledge regarding changes in due dates of filing of returns.

Please let us know, do we need to pay penalty for the delay in filing of 1st quarter return?

Please help us out.

With Regards
Anil

if a person has provided for services amounting Rs.9 lacs and has acquired service tax registeration number but his services during the year and even in future will not exceed Rs.10 lacs,is he required to file return ? If yes then what if his services will never exceed Rs.10 lacs in a year,will he always be required to file nil return.In that what course of action can be followed to avoid it ??

One of my party has has done work for providing and fixing Metal Stand at site of Rs.15,00,000/- in FY 10-11.

They have not raised separate invoice for job work and material.
They have collected 15% VAT on 15 lacs.

Now department says that they are liable for service tax

please give some advise ..........

I am Service provider as Commission Agent, I Have Taken Loan From Bank.
Interest Paying, Bank Charge Service Tax on Some Service Provided Like Processing Charges/ Bank Charges etc..
Can I Claim That as Input.

Dear experts

We are a security agency & we have not yet filed a service tax return for Q1 because of lack of knowledge regarding changes in due dates of filing of returns.

Please let us know, do we need to pay penalty for the delay in filing of 1st quarter return?

Please help us out.

With Regards
Anil

WE PAID SERVICE TAX ON RS.32LAC ON FRIEGHT 1/4 OF12.36%
BUT OTHER END WE HAVE RECEIPT COMMISSION ON CONSIGNMENT SALE APPROX.50 THOUSAND IN F.Y.2012-13.PLEASE CLEAR THAT WE WILL HAVE TO PAY SERVICE TAX ON COMMISSION.OR WE EXEMPT UNDER 10 LACS GROSS RECEIPT. PLEASE CLEAR.

DEAR SIR,

NORMALLY I AM FILLING MY SERVICE TAX RETURN HALF YEARLY BASIS

RECENTLY THEY ISSUED NOTIFICATION MENTIONING THAT EXTENSION IN THAT OF FILLING FROM 25-10-2012 TO 25-11-2012 BUT IN THAT THEY HAVE SAID QUARTERLY BASIS

IS ANY EXTENSION OR CHANGES IN MY CASE

THANK YOU & REGARDS

I have one service Tax doubt. In our company we are purchasing a Engineering tool / proto type from overseas supplier and selling to an Indian buyer adding some required software programmes. In this case as an accountant I am doubt full about the percentage of the bill amount for Service tax apllicability ......Experts....could you please help me ?