Dear sir, if any service which is coverd under reverse charge is renderd to rbi . Then is rbi liable to par service tax?

Assessee is a Civil Works Contractor from past 15 years. The Gross Turnover is above 80 -90Lakhs. Due to ignorance of law, assessee failed to obtain registration under the bona fide belief that since their Works Contract Tax and Income Tax are being deducted there is no other tax liability. In the Current Year due to reverse charge mechanism the service recipient deposited 50% tax with the government. From this the assessee came to know about their liability. Now at the time of registration the department seeks bank statement for past 5 years. Please advise what the assessee should do to avoid harsh penalties under the service tax act.

There is a pvt ltd. company exchanged in the business of providing training for specific computer related courses. Fees is split up as training fees, exam fees, etc.

What is the applicability of service tax? On which heads should this be collected? Is there any amendment to this post the revised circular applicable from July/Sept 2012?

Dear Sir,

My firm Not a Lorry Owner, bu hire a Truck for his client & raised consignment Note (LR) what is the rate of service Tax Charged by my firm to his client?

Who is liable to pay service tax service provider or service recipient?

Is my Firm also liable to pay service tax to Lorry owners & Broker?

Some of My client directly pay service tax? How Can I treat this in my account?

Hello Experts
Can we avail credit of input service tax for the custom duties paid on export and import.?

Thank you in advance

i am ipcc student.what is the cretria needed to file return of income for an individual.and how is return of income different from normal tax.i do not hav good clarity in this topic.thanks in advn.

There is a problem.
At times on the services which we provide .we don't receive the amount and then it is treated as bad debts,even tough we have not received the amount we have to pay Service tax and the customer to whom we have provided service can claim for input without clearing our bills.

Sir,

I'm running an Outlet of a Branded Telecom company (Service Provider)" UNINOR."
I have certain queries:

[1] Is it mandatory for me to pay Service Tax as someone was telling me that if you are directly associate of a branded company you have to pay S.Tax?

[2] If I am not claiming Service Tax from the Company, am I liable to pay the same with the Tax authorities irrespective of the Business volume ?

[3] I have been paying S.Tax since 18 months, but now I want to surrender the certificate as I am the only party paying the same amongst 50 Direct Parties. None of the other direct parties of the company neither claim for Reimbursement nor pay the Tax but they are doing business well over 15lacs a year.
Can I surrender the Service Tax Certificate after this Fiscal??

In Telecom Business the Telecom Company will Reimburse the Service Tax Amount only after the Channel Partner has paid the Service Tax with the Tax Authorities & present the Proof of the same i.e., Tax Challan etc.

Earnestly Requesting your good self to please advice me point to point after going through this mail.


Thanks & Regards.

Sushil Gupta.
Barakar
West Bengal

Dear Experts,
wen employee receives training service tax is applicable as there is service component but wen organization receives money as employee does not serve the notice period will service tax applicable on it?

My company is providing certain services. Other Companies are also providing similar services. Now sometimes my company provides Manpower who are the employees of my company to the other companies/Partnership Firms whenever required by them but is not in the business of providing Manpower. My company charges to the other companies for this and collects Service Tax at the rate of 12.36% on these Services. Is this service covered under the provision of Reverse Charge as Manpower Supply?? So should my company collect Service Tax on the entire Invoice Value or only on the proportion mentioned in the Reverse Charge Mechanism applicable from July 01, 2012 for Manpower Supply?? If Yes, then my company has already collected Service Tax @ 12.36%, what should be done for that??