GOOD MORNING SIR ,
CAN U TELL ME ABOUT PANELTY OF EXCISE . INT. RATE IS 18 % . BUT I WANT TO KNOW THAT WHAT WILL BE PANELTY OF EXCISE. PLZ SIR

What is the current status of availablity of Cenvat credit for service tax on mobile bill.

whether the credit can be taken for Bill in the name of employeee but address in the name of Company.

For full amount paid or proportiante on the basis of usage i.e personnel or company use.

Can u provide the latest case laws /circular,judgement.

thanking u in advance

Wt is t limit criteraia in ST:

1. If TURNOVER exceed 10 lac he have to register or when AMOUNT exceed 10 lac he hv to register.

2. When ST to be PAID if ST is more than 10 lac or more ?

3. If Once registered for ST then have to pay ST even for one penee ?

Dear Sirs
Our comoany is making a five star hotel and now it is in project stage.
My quest is can we take cenvat credit on excise and service tax to be set off against the service tax payable after hotel is ready for renting.(because hotel industries is now liable for service tax)

Pls answer me with suitable answer and supporting.

With Regards

One of our Client is into Freight Forwarding Business, having registered himself under Service Tax as "Business Auxiliary Services".
He has engaged the Services of Transporter to transport the Goods from one place to another. The Transporter (GTA) has raised the Invoice to our Client (as Consigor) & in thier Invoice mentioned that the Service Tax @ 25% on Bill Amount to be Payable by our Client (i.e. Consignor) directly to the Govt.
The Query is : - Can our Client by paying the Tax in Cash as Consignor claim as Input Credit for his Output Services?.

ABC manufacturing unit registered under central excise and monthly transportation charges is Rs 1 lakh Inward & outward.

Transporter is not charging service tax in his bill.

My query is whether co is liable to pay service tax if yes please provide me the some details regarding cenvat adjustment.

Thanks in advance

what if service recipient refuses to pay service tax...??

i know that the net amount received from service recipient would be considered inclusive of service tax and service tax would be calculated on that basis..my question is that is there any notification or a kind of condition on service recipient that he has to pay tax on services received..????

kindly help me to sort this out..!!

Dear sir

Tell me about rules regading for claiming of cenvat by contractor on steel & cement as per leatest amendment.

And also clear the service tax will be paid only labour charge or labour + mat ( steel & cement)

What ST rate will be paid 4.12 % , 10.30% in above case.

Dear Sir,
We seek the following clarification.

We are engaged in the manufacturer of CI and SGI Castings falling under Chapter 73. These Castings are subjected to machining in our factory or on job work basis from outside. The goods are cleared on payment of duty as Castings or Auto Mobile parts as the case maybe. We avail Cenvat credit of Central Excise duty on Inputs, Capital Goods and Service Tax credit of GTA.

Three years back we hired a factory shed situated at a distance of 1 km from our factory. We have some machines in this shed for the purpose of machining. We get our machining done on our Castings from this shed also. This unit is recognized as Unit No. I (Machining Divn,), Since no manufacturing activities are undertaken in this shed no Excise registration was obtained. We send Castings under Rule 4(5)(a) challans and get them back on job work basis. The workers in this unit are our workers and salaries are paid to them by us.

The owner of the shed charges us Rent and recovers Service Tax also through his bills. Since we are manufactures of excisable goods, we feel that we can avail the Cenvat Credit of Service Tax on rent paid by us. The local officers are objecting to this. Kindly offer your views.

Hello,

Just wanted to know if for late filing of service tax return, penalty is Rs.1000/- if delay is between 15-30 days.

But is it for each service Rs.1000/- that assessee render or for whole assesse code or service tax no.consolidated Rs.1000/-

Please revert

Thanks,
Prashant