Anonymous
23 February 2011 at 15:55

service tax on foreign commission agent


Assessee indian company appoint foreign commission agent outside the India for obtain business for the company outside the India. When Foreign party raised commssion bill on the assessee company on foreign currancy.
Now question is raised when assessee company make payment to the foreign party will liable to pay service tax (as import of services in India) , because ultimate benefit to the assessee company in their business


K Manohar
23 February 2011 at 13:49

registration and collection of service tax

A newly formed parnership firm would like to get service tax regitration and its taxable services would not cross Rs.9lakhs for the C.Y.2010-11. Does it need to collect service tax in the C.Y. on the entire taxable services or only after crossing Rs.10lakhs? How about the collection of Service Tax for the next C.Y.2011-12?



Anonymous
23 February 2011 at 12:57

Commisson paid to Foreign bank

Service catagory of "Banking & Finc services" covers banking companies as per sec 45A(a) of RBI. If bank gurantee commission is paid to some foreign bank in foreign country, will this attract service tax by way of revers charge



Anonymous
23 February 2011 at 12:43

service tax on works contract

A business person(dealing in fabrication ) pays compounded vat @3% + cess , on works contract(KVAT) and has total t/o of more than rs.10 lakh this f.y. Is he supposed to be registered under service tax as per provisions of service tax on works contract and if so, will he get the general exemption benefit and liability only arise on the sales above Rs.10 lakhs . Also should he apply for service tax under composite scheme ?


Saurabh Mittal
23 February 2011 at 11:17

Service Tax under Works Contract

We have carried out a construction contract for our client which was defined as an Indivisible Works contract consisting of civil and structural works.

We would like to know if we can charge our client service tax at 10.3% of the contract amount under the present service tax act or Is it necessary for us to go for composition scheme under the Works Contract Act.



Anonymous
23 February 2011 at 11:03

service receiver or provider

I am a reliance distributor. I am selling company's simcard & recharge coupan also erecharge.
they raised invoice of recharges with service tax but i am selling on company mrp no additional service tax taken by me. so company ask to take registration no. if you want to continued dealership.????
If I am selling on company price no addition service tax collection Do I need to get registered ?
If yes, what category I will belonged to ?
Is service provider or service receiver ?
If its exemption from service tax, Pls give me the notification withwhom I need to file s.t return.?

Thank u very much

All of You Sir,,,
Have a great time


HARISH KAPOOR
22 February 2011 at 16:16

Applicability of Service Tax

Company 'A' give on monthly rent a building to IRDA (Insurance Regulation & Development Authority of India ).

Is there is any exemption for not charging the Service Tax from IRDA under any notification or company A should charge Service Tax from IRDA in the Rent bill raised to IRDA.



Anonymous

Dear Experts

If any mfg. co. engages itself with third party as labour on contractual agreement, is the bill raised by the third party liable to add service tax on the bill raised?

Secondly what are the exceptions to the above law, i.e, when no service tax is added to the bill.


pooja
21 February 2011 at 22:26

Whether service tax is paid or not

hi... i jst want to ask one thing, if a company who is service providing doesn't have service tax number, then whether company is liable to charge service tax from its customers and deposit the same or not? plz reply me as soon as possible.


Guest

hi...
my query is that one of our client 'a company' registered under only Service tax for only providing management consultancy services and claiming 100% cenvat credit on input services ...i want to know during the year some computer worth rs. 650000 was purchased and excise duty was paid rs. 66950 i.e. (10.3%)now i want to know whether this can be claimed as a CENVAT CREDIT and can this amount adjusted with service tax liability arise on providing output services...plz this is urgent quick responce will be appreciated
thanks






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