From 1.7.11 , Service tax payment is on basis of bills raised i.e. on mercantile basis.

this means service tax on bills raised in a month will be paid till 5th of next month.

But in ST 3 Return, how to show service tax liability on mercantile basis, as Return calculates service tax payable on basis of amount received in a month , & not on basis of bills raised

Thanks in advance....

suppose i have agency of gas cylinder and my depot owner requested me to take delevery of cylinder directly from their godown and the transportation expenses is reimbursed by them to me at a predetermined rate fixed by them which may be lesser/higher than actual transportation expenses so tell me the of service tax liability in this matter if i have my own vehicle or in case i paid the transportation expenses to the transporter.
am i responsiable to discharge service tax liabilit on reverse charge machanisim.

A co is engaged in repairing and maintenance of machinery.
customer pays towards service charges is as:

Service charges 200+ 10% profit and taxes as applicable
Material consumed: Rs 100
Labour Rs 100

co. is invoicing as
Material 100
profit 10%
vat on mat+profit @ 13.5%
Vat Rs 14.85
Labour 100
profit 10%
service tax @ 10.3%
service tax Rs 11.33
Total amt due from 100+100+20+14.85+11.33
i.e Rs 246.18
whether computation/changeability of vat& service tax is as per vat & service tax rule.

While filing service tax return in form ST-3, we are supposed to mention notification no. against which exemption is claimed. Notification no. for Basic threshold limit of Rs. 10 lacs is 08/2008 but it is no where found in the list of notification provided however original notification no. 06/2005 which provided exemption of Rs. 4 Lacs is mentioned. Are we supposed to select notification 06/2005 or what is supposed to do?
Please help....

SIR, I HAD FILL ST-1 ON 3-10-2011 AND NOT SUBIT TO THE CONCERNED DEPARTMENT IN TIME AND AFTER 55 DAYS I HAVE SUBMIT THE ST-1 WITH SUPPORTING DOCUMENT TO THE RELATED OFFICE AND THE OFFICER HAS SUBMITTED THE ST-1. THEN HOW LONG IT WILL TAKE TO ISSUE ST-2?

Hi,

Can any one please explain the applicability of 10 lacs thresh hold limit is available for every previous year.

for example we had crossed 10 lacs in year 2007-08 from 2009-10 we have not crossed 10 lacs, therefore for the financial year 2011-12 do we have to collect service tax or not.

Kindly clarify

Hi

I crossed the limit of Rs 9 lakhs for ST registration in 01-July-11 but still i m not registered for ST. Now i will go for ST registration. "Service- Event Management"

My question are-
1. Is there any penalty for late registration?
2. After registration i have to pay ST on total revenue, i eared before the registration?
3. I will get credit of Input i paid before registration?

hello
i want to know how to calculate the service tax liability for the pvt ltd company who received the raod transport service, if the transporter is not paying the service tax , is company is liable to pay the tax , how th calculate if the monthly payment is app 2500-4000.
and if transporter is paying the service tax .

IN the Service tax return, i have written the CIN Number of the Challan.

Now i dont find any coloumn requiring the details of the bank.

Do we have to give the bank details anywhere?

Hi All........

Plz tell me can we take cenvat credit on service tax below mentioned services...

1. Courier Bills
2. Travelling Exp. for Dealers Sales Purpuse
3. Rent on Building
4. Advt. Bill
5. Distributors Commission

If they all charged service tax can we take credit on cenvat. Plz tell me section also

Thanks..........