What is meant by Reverse Charge Mechanism in Service Tax

Dear Experts

We are a manufacturing unit and receiving labours service from a labour contractors

we are paying service tax on labour charges bill based on labour mendays and overtime hours

some one told us if we pay labour charges on piece rate basis then service tax on labour charges will not be attract

please suggest it is true

Hi,


I have few question over reverse chargers (notification Per Notification No. 30/2012 and Notification 36/2012)

· Whether we can avail credit for all the reverse charges (even if they don’t have service tax registration no.)

· Whether Service tax will be charged on the balance value after abatement (Notification No. 26/ 2012)

· Whether service tax to be paid on the time of payment to service provider or accounting of expenses

· Whether we need to pay service tax even if the individual or partnership firm not having services more then 10 lacs pa.

pls tell me service tax return quartely or halfyearly w.e.f july,2012

Sir, We have a labour contractor in our company whos turnover cross 10 lakh last year hence he charged service tax in his bill. But in current year he is not expecting turnover would cross 10 lakh limit. Shall he avail exumption facility or he is liable to charge service tax from very first bill from April 12 onwards

Dear Sir,
I was filed 1st & 2nd half s.t-3 return for G.T.A & B.A.S but query is the calculation of G.T.A was wrong so i want to revised both return. 1st half return was already revised but again some tax liability is payable to 1st half & 2nd half return. I know about 90 days period of revised return. so can I again revised the 1st half return. if yes please tell me which section & rule of service tax i will revised 1st half return.

Under new Finance act 2012,in line with negative list of service tax, the amount paid on account of sitting fee / Commission paid to non - executive director / Independent director will attract service tax ( amount paid beyound 10 lakhs thrushold limit )

Please tell me that what is the rate of service tax over beverages(Wine & Beer, foodings and hospitality services??

Dear All

as you know that as per new notification of services tax . from 1st july 2012 service receiver have to deposit 75% on certain services

we are receiving services of man power supply( labours) we have to deposit 75% service tax on it remaining 25% s. tax will be deposited by service providers

can we take cenvat input credit on service tax paid by us ( 75%)

please reply immediately

Hello everyone..
please help me about the matter of ST3..
I have submitted the ST3 for Oct11-Mar12 but it was showing "saved successfully" & i got the notice of non filing of return. I tried to view my previously filed return But there is no return showing in the "view ST3"
& if i m choosing it for "Revised" than my previous return was showing.please help.