Dear All
I would like to know, at present the service tax liability is on billing or receipt whichever is earlier. Did the same principle apply for input services? i.e. can we take the service tax credit on bills received or payments made whichever is earlier basis?

Kindly Advice

Elroy

Respected Members',
We know that as per provision if any service provider's aggregate value of taxable service in a financial year exceeds Rs 9 lacs he should apply for registration within 30 days from such date.But if the above stated condition does not apply,Should the service provider charge ST in his invoice made to its customer(s)?

Suppose he wrongly charges service tax in the invoices, then how he should deposit the tax to the credit of Central Government,as he does not have any service tax registration no.Then should he specially apply for the registration no.?
I do not have any clear idea in this regard.

Please suggest.

Regards...

I had being searching for non-technical consultancy service provisions, but, no where I could find it.

I have a question :
I provide consultancy services and I am not a qualified profession, but, I receive payments for consultancy so provided by me with a gross income of above 10 Lacs

Will I need to register for Service Tax & if yes, when will I start charging and paying for the service - after the income of 10L is completed

serice tax exemption query :
F.Y. 05-06 -TURNOVER Rs.5 Lacs
F.Y. 06-07 - TURNOVER Rs.9.5 Lacs (In the F.Y.06-07 we have to apply for Registration)
F.Y.07-08 - TURNOVER Rs.10.5 Lacs (means we have to charges service tax on 0.5 Lacs only for F.Y.07-08)
F.Y. 08-09 TURNOVER Rs.6 Lacs we have to charge service tax on entire Amount of Rs.6 Lacs .
BUT IN F.Y.09-10 turnover is 9 Lacs then service tax to be charges or not????????????????????????


because i have heard that once limit of Rs.10 Lacs is crossed then we have to charge service tax LIFETIME.

If any flat is sold at a higher rate as compared to its starting base rate (E.g. Starting base rate is Rs.1500/- per sq. ft. & due to its location and other benefits developer is charging Rs.2000/- per sq. ft.) then on additional amount charged by developer i.e. Rs.500/- per sq. ft. Service Tax charged at full rate i.e. 12.36% or abatement of 75% will be allowed to developer.

Kindly let me know how to file service tax return file on monthly basis for corporate assessee instead of half yearly. The ereturn ST3 showing the monthly details such as old type from April to Sept. W.e.f. 01.04.2012 service tax dept. has changed the return submition systems on monthly basis & what is the due date for the same.

please help.

1. If Consignor who is liable to pay freight is individual/HUF then he is liable to pay service tax on freight paid?

I am Manufacturer/service Provider, can I claim CENVAT Credit of Service Tax Element on Factory Building/ Office Premises against my liability towards Excise/Service tax on output services. Relevant extract in favor of assessee is given below.

"As per Rule 2 (l) of the Cenvat Credit Rules,2004 Input Service includes services used in relation to setting up, modernization, renovation or repair of a factory, premises of provider of output service or an office relating to such factory or premises."

Please give the specific case law in which service tax credit on construction of factory Building/office premises was allowed.

Thanks & Regards

Hello,

This is regarding purchase of 2 BHK flat.

Booking Date :- 28-Mar-11 Booking amount of 100000/- is debited from my account on 30-Mar-11

Builder Completion Certificate Date :- 31-Mar-11

Sale Agreement Date :- 11-Apr-11

Payment made after agreement :- Approx. 31 Lakhs.

Please confirm in above scenario do I need to pay service tax?



Thanks in advance !!

~Dinesh

To whom soever !!
If any assesee taking abatment on output service tax then whether he is eligible for taking credit of cenvat or input service tax for calculating net service tax payable??????

please give answer as soon as posssible
Regard,
Prayash Sundas
CA- Final