Please tell the notification or amendment for availing Input service tax based on payment with in 90 days
Pursuant to negative list, will interest on loan- secured/ unsecured be a taxable service w.e.f 01/07/2012.
Sr. no. 1 of Abatement notification no. 13/2012-ST dated. 17-3-2012 provides 90% on services falling under the Financial leasing services including equipment leasing and hire purchase towards interest. In light of above, can it be construed that interest is not a service?
What is percentage of Abatement on restaurant service under service tax kindly provide notification details.
Thanks & Regards
We are the manufacturer. In the Budget 2012 there are three services are bring under the reverse charge mechanism. (1) Manpower Supply for any Purpose (2) Hiring or Renting of Motor vehicle and (2) service of individual advocate.
Whether we need to update our service tax registration for inclusion of specified services under reverse charge mechanism as the classification section recidend due to introduction of negative list and place of provision rules.
Hi,
How is the service tax calculated in case of under construction property.
Builder takes the payment under three different heads -
1) Base Sale Price (BSP)
2) Preferred Location Charges (PLC)
3) Lease Rent (LR)
Is service tax applicable on all the three, if yes then is it charged in the same fashion?
Thanks in Advance for the reply
Whether one can avail Service Tax credit for services received if the sevice provider doesn't bifurcate Service Tax in the invoice. If yes, on what calculation basis can it be availed?
currently we are getting canteen facility from one of the canteen service provider. he is charging service tax and vat on bill amount. so pls. advice me is works contract tax provision applicable to him? if yes then by which rate?
1)We are receiving a services for Hiring of Vehicle but Total turnover of Service provider is less than 10 lacs whether service tax is applicable on service provider. whether service receiver is liable to pay 40% of service tax as per new rule of service tax wef 01-07-12.
2) what is cateria for abatemnet of tax on Rent a cab services, whether any undertaking is required to be taken from service provider to service receiver or not.
Hi,
I take coaching classes at a Institute and my pay is fixed at 1.5Lks per month net take home, i take payments under 2 headings, one half in my personal name and the other half in the name of the firm in which i am the managing partner, this way the total payments received under both the heads are 9Lks and hence i will be exempted of service tax,but my institute CA says that since my he is deducting Service tax to a tune of 2Lks from my annual package my total earning would actually be 10Lks under both the heads and i am liable to pay service tax, i wanted a clarification in this regards, since i am getting only 9Lks under each entity am i still liable to pay service tax for both entities?
Please advise :
1. If the transporter company A is charging service tax to a company B , whether still the Company B has pay service tax again?
2.Under which taxable services it will fall :
-Telecommunication services
-Manpower Services
-Business Auxiliary Services
A Samsung Mobile and its parts Importer and Distributor Company in India has tied up with Shops in Delhi and provides his men hired from outside agency in the shops to repair the mobiles. He charges service-tax on the services of the men provided to the shop.
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