Sir, I want to know how service tax applies to real estate company as per new provisions.
Also want to on what price service tax applies? on sales price of flats? on maintenance charges taken from customers? on extra work done for special customers such as POP, furniture, etc?
When and how to pay service tax and on what amount?
Any abatement available?
Please tell me everything about it.
Thank you.

DEAR ALL,
THRESHOLD EXEMPTION LIMIT IS AVALIBLE UPTO RS 10 LACS IN SERVICE TAX.

WE ARE HAVING 3 SERVICES 1) RENTING OF IMMOVABLE PROPERTY ( BILLING DURING LAST YEAR IS RS. 1.08 LACS ) 2) MAINTENANCE OR REPAIRS SERVICES ( BILLING DURING LAST YEAR RS. 75000 ) 3) AND GOODS TRANSPORT AGENCY SERVICES ( PAYMENT OF SERVICE TAX DURING LAST YEAR IS RS. 18.5 LACS )

CONSIDERING ABOVE, IF WE CAN AVAIL ABOVE EXEMPTION LIMIT OF RS 10 LACS WHILE BILLING THIS YEAR. IN OTHER WAY IF GTA TURNOVER IS INCLUDIBLE WHILE CALCULATING BASIC EXEMPTION LIMIT OF 10 LACS.

REGARDS,

GAURAV G BADWE.

DEAR ALL,
WE WOULD LIKE TO KNOW THAT IS EXEMPTION LIMIT OF RS. 10 LACS IS AVAILABLE TO DELCARED SERVICES WITH EFFECT FROM 01.07.2012 . FOR EXAMPLE FOR SERVICE PORTION IN WORKS CONTRACT SERVICES OR SERVICE PORTION ON FOOD SERVED IN RESTAURENTS.

REGARDS,

GAURAV G BADWE

Now I m trying to fill up GAR 7 challan form...
What will come in Commissionerate name and commissionerate code? Secondly it is written cash /cheque /draft. So can we pay by any of modes...so in whose favour it needs to be made....for delhi region

Is service tax applicble on abroad placement by Indian agency and who will be liable to pay?

Dear Sir,

Do an existing assessee need to amend Service Tax Registration due to insertion of Negative List?

If an existing assessee needs to add two services in his registration then only one option is becoming available “Other than Negative List”, whether we have to delete the services already shown in registration and add only one service “other than negative list” or simply add other than negative list service with existing service in registration?

Kindly clarify this issue.

can service tax credit of previous years be availed and utilized in current year if the same is not done in previous years. The same is shown as service tax credit in accounts of the company.

My client is a lecturer in Vidyalankar Classes. He is paid remuneration on hourly basis. He does not teach in any other classes or privately. His income for the full year is more than 15 lacs. Remuneration received by him is after deduction of TDS and yet the same exceeds 15 lacs. Is he liable to get service tax registration?

Ninad Konakanchi

Hello,

My self, Virag Shah from Ahmedabad.I am doing freelancing work as accountant and i am in study of Chartered Accountant.I have
one query while doing accounting, Income Tax and Service Tax.My case is as below:

One of my client doing work of collecting subject from various clients ( both indian and foreign) for writing articles for websites or
any other publication on internet.After that he will take back this work to professional writers ( both indian and foreign) for writing
whether writers are on internet or in situated particular his office.

In my sense as per nature of work, He is not applying his mind while writing article, he is just hand over work to writers and complete the work as per requirement of client.His mind is applying for searching clients and writers on internet.All the searching work is done on Internet.I have some doubts about work.

1. My client is receiving payment via online internet.He will receive full payment for work and after deducting his commission/brokerage or what ever say,he will pay to writers (both in Indian currency and foreign currency) via credit card system or online transfer.Whether this work is termed as business or profession?

2. How is accounting made? With full receiving amount or Net commission amount.

3. Writers are not charging Service Tax on bills and TDS is deducted as per professinal basis as per their thinking.I just want to know whether service tax is applicable or not, if applicable services with foreign clients and payment to foreign writers both are termed as export of services or business auxiliary services or any else.

Hope I have made some try about querry for understanding to you.Give me quick reply,Sir.

Regards
Virag Shah
PH -8460570594

Sir,

We have hire two security man for our Factory. The agency giving us bill every month along with Service Tax Charged and we are paying full bill amount of Bill. But some one told me that it is the Factory owner's liabilities to Service Tax deposit. Please tell me that is it true. If yes, will we have taken registration with service tax?

Kindly explain.