Trading activity is considered as exempted activity for service tax, however -
From financial year 2011-12 - for computation of service tax exemption turnover limit of 10 lacs - Trading activity figure is considered with service activity & service tax is applicable from the day the turnover figure (Trading + Service charges) crosses Rs.10 lacs. It is True ?
(As auditors from Excise dept.has raised the above point)
sir/ mam,
what is the last date of service tax payment & return filing for f.y. 2011-12.
(31/03/2012)
Hello,
Company is in india having business of software development and consultancy.
Registered with service tax department.
If company got a services from outside india,is there any DTAA and service tax rule applicable.?If yes,then what section i would refer.
I want to know what when a company which is trading in mobile its not some BIG service provider but thy received rent income which is more thn 10lakhs n that why thy are charging service tax on that.. i would like to know that can we get input tax credit frm services taxes paid on telephone bills , freight, professional bills???
Can commission agents operating in the travel space, - air, rail, bus etc. avoid payment of service tax by positioning themselves as traders (buyer & seller) instead of a pure agent.
A firm relected to only erection work & not dealing with supply.So,what is the service tax rate will applicable for this firm.As it is pay @10.3% in many cases.But in a certain case a company allow only 4.31% ST as that company deals with all supply & erection work.So,is it also applicable for the firm of 4.31% of service tax who is only amendented for erection work?
service tax applicability on purchase of flat.
Dear expert,
In case of a contractor, having service tax registration. His annual turnover is below the limit of 10 lacs. Do he require to charge service tax on his bill amount.
Please advise.
what is the rate of Interest of Service tax ?
If service charges are collected in advance alongwith service tax in the month of Feb 2012 for March & April 2012 @ 10.30% and paid in March, then is it required to collect difference in service tax rate for the month of April 2012 i.e. (12.36-10.30)
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Service tax exemption limit criteria