Dear Sir/Madam

My self i m consultant Engineer, i have taken service tax reg. no. but presently my busines approx. 8-9 lac per anum & i invoice raise to customer as consultancy without service tax so pls. clear my following querries

1. I have S.Tax reg. No. but my business below servcie tax limit then wil i do service tax return deposit ??

2. If Yes then is this possible i follow in Accounting Marcantile basis but i want service tax deposited when i recd amount from customer (cash base)

3. because we raise to bill customer but sometimes customer not to pay full payment he deduct 25 to 30% amount from bill against excess rate or whatever


so pls. clear my querry

Thnx n regards

Dear Sir/Madam

My self i m consultant Engineer, i have taken service tax reg. no. but presently my busines approx. 8-9 lac per anum & i invoice raise to customer as consultancy without service tax so pls. clear my following querries

1. I have S.Tax reg. No. but my business below servcie tax limit then wil i do service tax return deposit ??

2. If Yes then is this possible i follow in Accounting Marcantile basis but i want service tax deposited when i recd amount from Customer (cash base)

3. because we raise to bill customer but sometimes customer not to pay full payment he deduct 25 to 30% amount from bill against excess rate or whatever


so pls. clear my querry

thnx n regards

Please note that we are having manufacturing unit at different locations and also having the office at different location.

Now we are receiving the one copy of invoice from our customer, now to take the service tax credit we required original copy at our manufacturing unit same way our account dept at office is also require original copy.

We had informed our customer to give the invoice in duplicate (as per excise law i.e. original for buyer and duplicate for cenvat) but they denied to give the same in duplicate as there is no law to give invoice in duplicate.

Now give your input/advise how to resolve this ?

Regards
JMGOR

On construction industry ST, on an additional service of providing additional benefits(location etc) and ammendment to the existing services whereby any flat/office sold and money received before receipt of completion certificate is subject to Service tax, is effective from 01/07/2010.

So in this case what shall be the chargeability scenario if the sale transaction is initiated before 01/07/10 & token money/ partial payment is received before 01/07/10? Shall the entire transaction value not be subject to Service tax even though the balance instalments are received after 01/07/10 but before CC?

Secondly can you please confirm the rate at which ST shall be payable on these services. i.e. shall it be 25% of 12.36% = 3.09% or 25% of 10.3% = 2.58%.

Thirdly the abatement clause of 75% is inserted after the abatement clause of 67%. the existing clause is not replaced by the new rate. So in this case both the rates prevail simultaneously. Which one to be applied shall be decided by whom?

Lastly, one of the sites say that ST is not payable for small houses. & for considering the value of small houses, the value affixed is Rs. 20 lacs. i.e. no ST is payable on transaction below or equal to 20 lacs. Is that right? If yes can someone please provide the circular/notification providing the same.

This is a company dealing with construction of cell phone tower & renting the towers to the telephone service providers.The company is charging service tax on the following-
1. Fixed Rental portion for the tower
2. Reimbursements of diesel and electricity charges from the client

The company is charging Service tax @ 10.3%. Is there an option for the company to opt for compounding or abatement scheme.

Dear All,

We are IT service company, we have sold oracle license in the month of June'10. In invoice we have include both VAT @5% and Service Tax @10.3%.

My question is, Which service category is applicable?

Is it right under Information Technology?

Pls. reply asap.

Thanks & Regards
Pramila Bargode

Sir,

Service tax is applicable on building rent. if building is rent to an I T company who do work for their foreign client.

Please advice me Sir,

Thanks

Pls. help me

is it necessary/mandatory to pay service Tax online for partnership Firm
&
what about Half yearly Return of Service Tax?

Dear all,
If a company is exempted from service tax;what will happen when it has to pay service tax raised by party?
secondly; if the same company voluntarily registered under service tax, what will happen for the same case?

Is a practising chartered accountant in propritorship is exempt from service tax or if not what is the limit of exemption from servce tax on turnover basis.