A company recieved rent of rs. 6,00,000 in the year 2010-11.Further company recieved/accrued rental income of rs. 18,00,000 in the year 2011-12.
whether company is liable to pay service tax in the year 2011-12 or it will be liable to pay from 2012-13?
please clarify the limit of rs. 10,00,000 and how it will be dealt in this case???

after introduction of point of taxation rule..we have made payments for advertisement service & invoices pertain to period of march 2012.we filed st3 but did not claim input credit on such payments.Can we claim input credit on above payments & utilise it in april?.Do we need to revise st3 before claiming input credit?..plz reply...very urgent

Dear Experts,
Is service tax leviable on reimburshment of expenses incurred on account of diesel expended on our behalf???

the party is claiming the payment on actual basis...

Please mention section/case law if any, applicable to this..

Thank You
Arijeet

Dear sirs,

I have following doubts or say problem regarding submission of Form ST3

i am registered under service tax as BOA, and filled ST3 for the period ct 2011 to march 2012 half year period.

but i am also paying service tax as service receiver on GTA for above period and have not filled the return for GTA in above ST3 return because rectification in form st2 is made in may 2012.

so problem is what should i do for filling half yearly return of GTA as service recipient for above period. should i revise above filled ST3 or separetly file another ST3 for above period.

Thanks & Regards
CA Laxmikant Agrawal

http://www.servicetax.gov.in/notifications/notfns-2012/st11-2012.htm

Please see Rule 2C in the above Budget notification.. What effect does it have on the valuation of restaurent service??


Also there is another notifiation which is as follows

http://www.servicetax.gov.in/notifications/notfns-2012/st13-2012.htm

Point 4 of this notification gives abatement..

So then what will be total Service Tax after both these notifications on a Bill of Rs. 10000(Ten thousand)

as per recent amendment service tax on commission to mutual fund distributors has been exempted.

but i am confused regarding date of its applicability ? if anyone has any idea then plz let me know.

my client is a car dealer. the service tax liability of my client is paid by the car company as there is an agreement between the car dealer and the company that the service tax liability is to be borne by the company.
is this valid in law?
plz give if there is any judgement supporting this.

Dear Sir,

Can I get the service tax credit of Rs. 330.00 which is levied on work contract tax scheme.

e.g. supply of material Rs. 5000, site preparation job with consultancy Rs. 3000 = 8000 add service tax @ 4.12 % (Composite billing ) 330.00 add vat @ 5 % 416= total bill 8746.00 please help.

Please confirm whether the companies have to file service tax return monthly or half yearly. and last date of filing return for the month of April 2012.

How are minors treated if they are part owners in a building for Service tax on Rental income? Do they get treated as seperate individuals with the 10 Lakhs exemption?

2. What are the exemptions allowed on Svc Tax on rentals - is the exemption on the first 10 Lakhs only for the first year or will it be given every year?

Pls clarify. Thanks