We have leased out water pumping systems for 10 years and collected upfront lease rentals in advance from the various users from the year 1998-2003. We are amortizing this amount every year and treating it as a income of lease rentals. Let us know service tax liability as the upfront collected well in advance before imposition of service tax and secondly company has not collected any amount t/w service tax from the lessees as these services were not covered under service tax perview. pl.clarify.

in case of loss of goods in transit due to transporters mistake, we used to make payment after deducting the value of loss to transporter. in such a case on which amount we have to pay service tax
a. on gross amount?
b. After deducting loss value from bill amount i.e net only?
reply early?

A service provider raises an invoice without service tax on its clients.

Later on knowing that service tax is liable on the aforesaid invoices, he raises another invoice to its clients for the service tax amount.

The query is whether the clients can take credit of such service tax paid and on what basis (meaning what documents are required) ?

I am working in Textile Industries ( Fabric manufcturing Co.) and we are taking job from outside person means labour contractor(They apoint worker on daily basis for this job) for packing ,loading, unloading and transfering goods on contract basis and we are paying amount of Qty.as well as per day basis.

So, i kindly request to clarify and give me opinion for above cases that labour contractor are liable to service tax or not.

Pl. send urgently.

Thanks

Dear Freinds,

Kindly let me know the applicability of Servise tax on Job Charges.

My Company is Fabric manufacturer (TExtile)

In my concern, they filed the service tax return ST-3 from the date of registration till now. They had registration under three category. But, they filed ST -3 return for only one category. They had not doing any service for Other two category. Wether the assessee will be liable for penalty for non-filing return for other two category?

OUR COMPANY WANTS TO RENDERED SERVICES TO A FOREIGN COMPANY WHO HAS NO OFFICE IN INDIA. BUT THE SERVICES CONSUMED BY THIRD PARTY IN INDIA. WHETHER THIS SERVICE IS TAXABLE OR NOT. THE COMPANY IS REGISTER WITH SERVICE TAX AUTHORITIES UNDER 65(ZZU).

co-operative society(bank)is a body corporate and as per Sec. 2(7) of companies Act, a co-operative society is out of definition of body corporate and therefore, Is the co-operative society not exempted from service tax so far as banking services are concerned by exclusion through definition.

Whether there is any exemption limit for ST payment and registration.

Please suggest.

We are still under the exempted turnover (less than 10L), & is expecting to cross the same in next month.

From when can we claim the credit for service tax on inputs ?

Means, after we start charging & recovering service tax OR, the input service tax paid in current period, can also be claimed against future ST payments ?