One of my client has not fully paid service tax & interest also. So i want know whether part of payment is made is to be adjusted with principal amount or interest amount first. If possible please give section/ case law reference.

Dear All,

Please provide reference no. of any circular/notification/provision for taxability and exeption/abatement from tax related with Common Wealth Games for providing contractual work involving supply of material and installation & commissioning thereof.


With Regards,
CA.Goutam Sabyasachi
goutamca@gmail.com

Dear Experts,

I have one doubt, pls. help me in this.
Suppose if company is into trading business on which VAT charged & also into service business on which service tax charged. however they are not maintaining seperate books of accounts of two business, so how can we claim set off of service tax paid on common input services. what should be formula to claim input credit set off under this condition.

Second in reverse charge mechanism applicable from 1-7-12 can service receiver claim set off of his share of service tax, or whether he has to pay without setoff.

Pls. advice me urgently.

Thanks in anticipation.

Shrenik Shah

One of my client being a Partnership Firm engaged in Construction Activities as Builder or Developer. It undertakes construction of 24 Residential House/Flats for Buyers who are Individuals.This Project is meant for Medium Class Persons.So nearly the Construction cost comes to Rs.8-10 lacs Approximately.After adding the Profit margin Builder/Developer makes Bill for each Buyer along with Sale Deed for registration purposes.Now in this scenario please give reply as to following queries:-

i) what will be Service Tax Rate to be charged.
ii) whether such services comes under RCM as per Service tax law.
iii) If covered under RCM then whether Service recipient is also subject to ST net or not.
iv) what will be ST rate to be borne both by Service Provider & Service Receiver.

Awaits an Early response.

Hello,

Ours is Pvt. Ltd. Company and we are paying Rs. 175000/- monthly to MD towards remuneration. Please let me know we have to pay any service tax on the same or not.

Dear Sir,
We are manufacturer of transformer and supplying raw material (Ms plate) to job worker for manufacturing of tank(semi finished).He is using consummbles(electrodes),man power & electricity of his own in his plant. As we are in ED exemption Zone (Uttarakhand)& our job worker also in uttarakhand but he does not have ED exemption, I want to know weather job work attract service tax or VAT on it.

Sir,we have service tax liability only on payments made to GTA & nowhere else.I want to know whether we could sett off our service tax liability with input service tax on our any other bills?

IF A PERSON HAS PROVIDED IMMOVABLE PROPERTY TO A COMPANY ON RENT AND THE RENT AGREEMENT IS IN THE NAME OF COMPANY AND THE COMPANY PROVIDES IT TO EMLOYEES FOR ACCOMODATION PURPOSES, WILL SERVICE TAX BE APPLICABLE ON RENT SERVICES PROVIDED BY THET PERSON TO COMPANY.

Sir, Is service tax attracted for the transportation charges received.

We sell goods to the customers and deliver the same to them at their premises for which we collect transportation charges. We use our own vehicles for delivery of goods. what is the position of Service Tax on such Transportation Charges received wef 01-07-2012

Dear Sir,
We are manufacturer of transformer and supplying raw material (Ms plate) to job worker for manufacturing of tank(semi finished).He is using consummbles(electrodes),man power & electricity of his own in his plant. As we are in ED exemption Zone (Uttarakhand)& our job worker also in uttarakhand(ED exemption Zone), I want to know weather job work attract service tax or VAT on it.