Is it true that individual or firms having taxable turnover of less than 50 lakh (opted for payment of ST on receipt basis) can avail credit of ST paid even on the receipt of invoice i.e.even before making payment to the party?

What is the nature of late fees paid for delay in filing of ST return i.e. we can debit it in P&L for the income tax purpose or its a penalty in nature?

1) e-payment is compulsory if any assessee has deposited ST of Rs. 10 lakh or more in the previous FY.In case an assessee has paid ST of Rs.9 lakh in the previous FY. But in this year he has already paid ST of Rs.8 lakh up to october month. For the next month i.e. november he has to pay ST of Rs.3 lakh. My question is whether he has to pay Rs.3 lakh through e-payment or not?
2)If an assessee has paid ST of Rs.11 lakh in year 1,then he has to pay ST through e-payment in year 2. But in year 2 he has paid ST of Rs.8 lakh through e-payment.In this case whether he has to pay ST through e-payment in the 3rd year or can pay it manually? Is this rule is applicable "once apply forever applicable"?

What kind of changes arise of Service Tax on good transport Agency ( Transport BY Road Only) on 01/07/2012 please explain me as details.

Please explain me comparatively before 01/07/2012 & after 01/07/2012 with abatement value on Bill.

For example bill value Rs. 100/- previously I paid abatement 75% i.e Rs. 75/- So I PAID S/TAX (Rs.100-Rs.75/-) = Rs.25/-S/TAX paid on Rs.25/- @12.36% i.e Rs.3/- as per Notification No. 33-34/06 can I want to know in this case what the change after 01/07/2012
VERY URGENT SIR.

Hi,I need some assistance regarding service tax registration. one of my clients is a proprietor and has registered himself with director general of foreign trade (IEC code), he is an exporter of goods and not services. He wants to get registered with service tax dept.I need to know whether to file normal st-1 for him,if yes under which category or to register as non-assesse?? pls help

Hi,

If Mr.X provides manpower to me on some lump some basis (say Rs.40,000).

Such vendor is not registered under service tax.

Then what is the amount of service tax to be paid as a service receiver?

1. Whether 75% or 100% of the service tax to be paid(since the provider is not registered for service tax)?

2. Which amount should be considered for calculating service tax:
i.e., on Rs.40000*(75% or 100%)
or
Rs.40000*(75% or 100%)/112.36
[i.e., should be charged directly or on reverse charge basis]

Pl. guide me..

We are providing printing services of books, where we charge 15% amount as ink cost and 85% as job charges. On ink cost we charge vat at the applicable rate, we want to know liability of service tax in this case for the F.Y. 12-13 (Please mention effective date and link). If service tax is applicable, then please mention on what extent it will be applicable (on 85% value or 100% value, Please mention link for the same)

Hello Dears,

I want to know that it is mandatory to amend ST-1 of any company, due to Negative list approach, if yes than please tell what the procedure to amend it.and all these Documents required to submit again or not. which was already submitted at the first time registration in service tax.

Thanks & regards
Dinesh .

sir ,
our company is pvt.ltd. co. we take a transport service from proprietor . and after that we have provide a transport services to our client.

sir my ques. is when we have take transport services from sole proprietor person then we will liable for pay service tax or not.

Respected Sir,
If freight is paid for Working progress and such amount is transferred to cost of Work in Progress instead of Freight Expense, Please clarify whether or not Service Tax shall be on the same as it is accounted as WIP.