Anonymous

As per Notification No. 25/2012-Service Tax, a business entity with a turnover abovee rupees ten lakh in the preceding
financial year; have to pay service tax on reverse charge system.

But what is the definition of "Turnover" ?

Is related to turnover of "Services" only or not?


Sarat Kumar Sahoo

Kindly solve this query?

Case I:
Information:
a. Service Provider is ABC Pvt Ltd (Goods Transport Agency by road)
b. Service Receiver is XYZ Partnership Firm

Can XYZ pay service tax as per reverse charge of service tax net?
Can XYZ pay ST If ABC is a Public limited Company?

Case II:
Information:
a. Service Provider is ABC Individual/Firm (Goods Transport Agency by road)
b. Service Receiver is XYZ Partnership Firm

Can XYZ pay service tax as per reverse charge of service tax net?



Anonymous
12 October 2012 at 12:06

Service tax in j & k

case 1:
Is service tax liable if any one from delhi provides services in J&K ??

Case 2
is service tax liable if any one from J&K provides services to any one in india except J&K ??


Mukesh Katara
12 October 2012 at 11:50

Service tax on manpower service

Hello frnds

please solve this query
If individual (Proprietor) is rendering manpower services to firm &individual(proprietor) What is the liability of company to pay service tax. 1) Is it 100% or 2) 75% (ie 25% provider & 75% to reciepient)...


CA Sanjay Baheti

one of my client being an Individual has owned a Commercial Property i.e. Factory Premises which he has given on Rent to 2 concerns & getting Rental Income from them. Both Concerns are engaged in Manufacturing Activities & Proprietorship Concerns. During F.Y.2012-13 i.e. period up to Sept,2012 his Rental Income exceeds Rs 9 lacs. Hence he has to register with Service tax Deptt & to obtain STC No.

Now the query as under:-

i) Whether My client can claim SSI exemption Limit up to Rs.10 Lacs so far taxable Service i.e. Renting of Immovable Property is concerned.

ii) whether both Concerns being manufacturing can claim the Cenvat Credit as to Service Tax Paid on Renting of Immovable Property based on Bill/Invoice issued by the Property Owner & showing separately Service Tax on Rent of Immovable Property.


C.A Alok Mukherjee

A corporate is making some payment to a local authority for displaying company's products profile in the pedestal light poll , for this purpose some payment was made. Will the company is liable to pay service tax as on reverse charge basis?


MANOJ KUMAR SHARMA
12 October 2012 at 10:18

Reverse charge mech.

IN case if service provider and recepeint are under the limit of service tax then service recepeint is liable for paying the tax ?



Anonymous
11 October 2012 at 23:16

Payment of charges for opening

i have started a business of real estate and career placement.
am i reqd to apply for service tax no and what are the charges, a CA asked for rs 5000.00



Anonymous
11 October 2012 at 23:05

Reverse charge mechanism.

The service provider has provided the service of supply of Buses on Hire.He has charged service tax @ 12.36% in the Bill on the entire value of the service.We are a Pvt Ltd company?How much % service tax we will pay to the department under reverse charge and what amount we would pay to the service provider?



Anonymous

My client is a private limited company who is going to receive security services from a proprietorship firm. I had told them that if they receive security services from a proprietorship firm, they will have to deposit service tax as service recipient. But they are saying that if they pay aggregate amount not exceeding Rs. 75,000/-, they are exempted from Reverse Charge Mechanism. I wanted to know if they are correct.






CCI Pro



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