Dear Sir.

After quitting my Job,I started working as sales coordinator or Sales Agent for foreign company. I am responsible for sales promotion and gets agreed commission on the sale I do. My Job is limited to introduction of new customer & to get orders, rest all is directly handled by principle company & customer.I get commission on the invoice vale. Commission comes in foreign currency in bank which is credited to my account in INR as per prevailing exchange rate. Now my question is ,

1. Am I liable to pay Service tax on such commission income.

2. Do I have to registered myself or my company in Service Tax.

3. What's the upper limit of exemption for ST registration & payment of ST.

4. Is there any change for the exemption limit in current Budget.

Just for infm - My annual commission income in current financial year is less than 10 Lacs. No other income from any other source except SOME Bank Interests.

5. I have received some ADVANCE PAYMENT from my Principle for setting up office & other infrastructure in India (received during current financial year)for business promotion but due to recession in overall market I postpone this expansion program. Now my question is

a.Can I carry forward this amount in my IT return as advance received from Principle.

b. Do I have to pay any tax on this transfer received.

c.Can I put this advance amount in Fixed Deposit until this recession situation over.

d.What would be the tax liability on Interest Income from such FDR.

Shall wait for your advice on above. Thank you.

Please tell me the applicate date of increase rate of service tax i.e. 10% to 12%.

I mean it is from 16/03/2012 or 01/04/2012

Dear All

We're providing auditing services to a company and sometime we pay there certain tax online. So while recovering these expense from them ( which we paid on there behalf to govt)we need to levy service tax on that amount.

HI FRIENDS I NEED YOUR HELP CAN U JUST GIVE ME THE LIST OF ALL APPLICABLE SERVICES FOR MAY2012 PLS SEND IT SOON AS POSSIBLE FRIENDS

sir
it is case of a group of co.the seller of the goods is again a group partner.the seller arrange the transportation(GTA) & send the goods to the buyers party.the invoice of freight raised by gta in the name of the seller.now the invoice raised does not fullfill the criteria of consignment note as it is a normal bill & does not contain about service tax & party liable to it.if the seller bears the then the tax will be 10% or 2.5% service tax & he collects the the whole amount (transport+st+chages commission)is a separate invoice is prepared for commission & again is the treatment is correct.what should be the format of reimbursement to avoid double taxation.

dear sir
if the transporter bill didnt contain the information who is to pay service tax & no more data on service tax ,can he still be liable(let the receiver is a co)

Hi experts,

we shifted our office from Malleswaram ( Bangalore ) to New BEL Road ( Bangalore ).
Please help me how to change the address in service tax registration certificate.

We are the STPI Registered company..having 100% Export Turnover (2 Crores per annum)we are seeking the opinion towards the following.

a) Our Landlord collects Service Tax on office rent(Commercial purpose)paid. Is there any chance to take the credit of service tax as we do not have any output service tax.

b) Any requirement for company to register under service tax when it is not having a taxable services?

c) to get service tax registration as per threshold limit is it inludes domestic as well as export turnover?

Request you to clarify the same.

Regards,

Vijay

Dear sir,
I am a online commodity broker. Do I require to obtain Service Tax registration.

WHETHER THE BASIC EXENTION LIMIT OF RS. 250000 IN CASE OF GTA SERVICES IS APPLICABLE FOR SERVICE RECEIPIENT ALSO IN CASE RECEIVER OF GTA SERVICES IS LIABLE FOR PAYMENT OF TAX.