Dear All,

A & Co. is a authorised dealer of car & it purchase vehicle from its supplier and sale to its customer. In addition to the regular profit on sale of vehicle, A & co. also received incentive on monthly, quartely & yearly basis from its supplier which depends on achievement of sales target as decided and intimated by its supplier from time to time.
My question is whether such incentive received is taxable under service tax act and under which category.
Thanks & Regard

Anand Verma
Manager Accounts

Is service tax on rent of commercial property applicable?
Did supreme court given any judgement for serive tax on rent?

hello sir

I want to raise a Query
whether service provider of providing concrete mixture to the site for construction of water aquaduct is liable to pay service tax

please explain as i found it not taxable according to sec 65(105)(zzza) of service act

Dear Sir,
Guide me about detailes to be kept in mind while making online applicayion of service tax registration.

A company has staff quarters.These quarters are given to company staff and contractors.The company deducts a fixed monthly amount from salary and contractors bills for such quarters and show the amount in RENT RECOVERY head in books of accounts.Whether the co. is liable to charge and deposit service tax on such amt recovered from employees and contractors.

A hotel organises marriage parties.The party books the hotel for marriage function.The hotel does not have a banquet.Marriage parties are done in open area. The hotel provides rooms for baratis,lighting.decoration,dj set up,fireworks,catering and related services.Hotel makes seperate bill for all the above services regarding marriage.In such a case what would be included in value of taxable services for determining service tax payable under mandap keeper services.

Dear Experts,

As i am running business of Contractor registered with Indian Oil Corp. Ltd (public sector/govt. undertaking) which includes activities like const. / repair of roads, ecectrical pannels/cables, tank installation, Fabrication, building etc (all the work at petrol pumps). I am paying VAT 4% which is deducted at source & TDS. All the rates of IOCL is inclusive of all taxes.

Plz let me know is the service tax applicable on us & if yes how much & from which date.

plz let out a easy way as we have very little profits in our business.
i think it was applicable from 2006 or 2007. I read somewhere if you are working for govt you can pay 2% for civil contractors. else i also read they can all opt in for WC and pay 2.06 % after deducting the amount on which VAT is paid. Further they are admissible for the credits on capital goods as well as input servcies.

Also we are not getting any benifit on input tax, as 4% vat is applicable on us, 4% isdeducted at source & what ever we pay extra at purchasing should be refunded but the sales tax department doesn't pay refund.

plz let me way out with minimum tax

Dear sir,

one of our client providing labour services to HAL.
should service tax be leviable?

Hi,

Can we adjust the excess paid amount of service tax against our liability in the subsequent months /years or do we need to file a refund claim for the excess deposit?

please explain in detail.

Thanks in advance.
Gireesh Hegde

Dear friends,

My company is an Indian company engaged in selling construction chemicals in large scale to the projects all over India. we are charged by a foreign company a fixed amount of techical know-how/ professional fee for the services charged by them on a monthly basis and we get invoice for the that. The foreign company do not have any office here in India. My queries are:

1.The foreign company (service provider) don't charge service tax in their invoices. Is it our liability (the company receiving service)to register under service tax and pay the service tax? Or is that the responsibility of the foreign company to register under service tax act and charge service tax on their invoices?

2.I understand that we need to deduct the TDS from their invoice and pay it to the government. Since the foreign service provider don't have a PAN number, how could we deposit the TDS without mentioning their PAN number? Is it mandatory for the foreign company to register for PAN in India?.

Is yes, is it the same procedure as same as PAN registration for Indian companies?

Experts kindly reply ASAP and oblige..