We are in a transport business. We are giving services in Maharashtra. We having Service Tax Number. we charged 10.3% s tax on all bills of our custmers but failed to pay service tax amt to govt. Now we wish to pay all s tax amt in one time. How much penalty & interest will be charged by s tax dept.? Rs. 257500/- (approx) s tax deducted by customers.

hello sir
i am bus body making contractor and my turnover near appx.1650000 and my compny is not provide us service tax and my margin as per contractor is 8% service charges then how can i pay 10.3 % service tax so pls tell me solution about save the service tax .

KIND ATTN: Mr. B.K.Bansal.
regarding the Registration of ST-1 online.
i cant make any ammendement through the icon Amend. When the Amend icon is clicked it shows no record found. How to move further?

Dear Sir,
Please solve my issue for following hypothetical case
Bill Amount : 7500
Service Tax : 10% = 750 Rs

Query 1 - TDS Amount should be calculated on Bill Amount or Bill + Service Tax Amount
Query 2 - Service Tax Amount should be calculated on Bill Amount or Bill - TDS Amount
Kindly consider TDS Rate as 2%

SIR
I HAVE A COMPANY WE PROVIDE 2 SEPERATE SERVICES.

1. THERE IS AN INPUT CREDIT OF RS 40 FOR 1ST SERVICE IN THE END OF THE MONTH.

2 THERE IS AN AMOUNT OF RS 100 PAYABLE FOR 2ND SERVICE IN THAT MONTH.

NOW THE QUESTION IS WHETHER WE CAN ADJUST THE INPUT CREDIT OF RS 40 AND PAY ONLY RS 60 FOR THE SECOND SERVICE.

dear sir\madam
i have Rs.5000 in capital goods A\C as input service tax, in current year i have taken credit of 50% of that.now my qus is how will i show the rest 50% of that in B\S.And when will i be entitled to take credit of rest 50% in the coming year?
Thanks in advance.

An university(autonomous) is paying thousands of rupees as service tax to the various service provider of the university all these services are directly or indirectly are made to benefit of students of the university (either for security or computer or internet or other facilities).
my doubt is that as these services are not for the benefit of the university instead for the student who are going to be benefited from the services of the university. university in return does not charge service tax for the services they provide(library, hostel, locker,computer lab etc)
they charge fee for the above services which are collected at the time of admission
is there any provision that university
can claim the service tax which they pay to service provider or they can apply for any exemption under service tax act
till now all the service tax paid by them are either debited to P&L a/c or added to fixed asset depending upon service they get
what they are doing is correct or wrong

please help me

Dear Expert

Whether the Individual is liable to registered himself in Service Tax Act for providing Consultancy Service to the company which is exporting the goods outside India?
Is this service is exempt under export service rules?

Regards

Aditya Dubey

Dear Expert

Our company has hired vehicles from various CAB Operators. One of the CAB operator is claiming service tax on 100% bill amout rather than 40% i.e. claiming 10.30% service tax on 100% bill amount rather than 40% bill amount. I have asked him about this and he is replying that we are awailing 100% CANVAT Credit hence we are claiming service tax on 100% bill amount. So I request you to please explain me. If any service provider availaing 100% CANVAT Credit of Service tax then he can not get the benifit of ABETMENT? Please explain. I will be very thankful to you.

Hi,

I have a query regarding abatement and cenvat credit.
Services like construction of commercial complex has abatement (say 67%) so service tax has to be calculated at the rate of 10.3% on 33% of invoice value.
Can service provider take cenvat credit? please support your views with notification or any other authoritative documents if any.