I want to know if service tax is to be paid when customer makes down payment. If yes, then how is it treated.(please provide journal entry if possible)
If one company take over by another co.
After this when sales bill raised and service tax applicable in the bill so which S.T. no. show in the bill. A new co. will be use old co. service tax no. and raising the bill of their name.
If not so what the prosedure?
Thanks.....
SIR MY SERVICE TAX FOR THE MONTH OF APRIL"10 IS 9351. SIR DUE TO SOME PROBLEM I COULD NOT DEPOSIT AT 5 MAY. THAN SIR PLEASE TELL ME HOW MUCH INTEREST INCLUDE IN MY SERVICE TAX AMT. AS PAR MY KNOWLEDGE INTEREST RATE IS 13%.THAN THE CALCULATION
9351*13/100*1/365 - 4
SIR IT IS CORRECT IF WRONG PLZ SIR CLEAR MY DOUBT THANKS IN ADVANCE
Is service tax is applicable on renting of immovable property from April 2010 after amendment in act?
Sir/Mam,
i wish to know, can i take service tax credit in RG 23A Part II( Excise) on bills i.e. telephone bill, mobile bill, rent bill.
please tell me urgently.
I have given my property on rent for running the same as guest house, if service tax is payable on rent?
My client is receiveng incentive from company and the same amount pass on to various agent registered under C & F agent as per instruction of principal whether service tax on incentive received applicable or not.
Dear Sir/Mam
If I purchase the Property in the Joint Name and lease the same for Commercial activity and get the Total Rent of Rs.18,00,000/-.
Total rent distributed between the two ownerss of Rs.9lacs each.
Now the qestion is, whether the Service Tax Registration is require.
what is the impact if the Contract agreement is one and of Rs.18 Lacs.
kindly advice asap.
Our organisation is having certain property rights which we have assigned to other organisation as per the agreement. It was agreed that cost of that property light electricity,etc., would be beared by other organisation. Since the property rights is in our name, bills of electricity comes in our name. We are raising debit note in the other organisation's name for the actual expenses paid towards electricity.
DO we need to charge s.tax?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Service Tax on Down Payment