example,
opening balance of cenvat is 100,
cenvat credit availed during the month is 50,
cenvat credit utilised during the month for clearance of excisable goods is 20,
closing cenvat credit balance is 130.
if my gross service tax liablity is 200.
what amount of cenvat credit can i set off against my service tax liablity? is it 30 (50 minus 20, availed & utilised during the month) or 130 (i.e. closing balance of cenvat at the end of the month) or any other amount?
kindly guide me regarding this at the earliest.
Thank you.
Best Regards.
Rajesh

The transporter has charged the service tax in its bill.Whether the assessee being company is eligible for taking credit as the liab to discharge service tax liab on GTA service is that of the service receiver(company)
Whether the abatement of 75% shall be claimed from the beginning of the year or assessee can start claiming abatement in the mid of the year..after making service tax payment on whole amount for first 4 months of the year.

Dear sir,

i am new to service tax and i want to know the details like what are the services are come under service tax net in banking and what types of return a banking company wants to file in a financial year. what are the various forms available under banking service tax.

How to prepare servcie tax return

whether job work service in relation to washing of cloths is covered under service tax act?

Sir/Madam

I want to know that if i have service tax registration no. & raised a bill for say Rs 100 & chg ser tax @ 10.3 % on it total comes to 110.30 to one of my client

Now my client pay to me 100/- only

whats my service tax liability

if u have any reference of any circular so please provide me

its urgent

so please reply as early as possible

Our company engaged in the fabrication and erction of steel structures at one of airport in india as sub contractor to a main contractor who have awarded the contract for whole airport. Our order is back to back basis with main cllien AAI. whether our compamy is also exempt from service tax as the work is done on airports or not

Dear All,

I am working for an Software Development & Manpower Consulting Pvt. Ltd. co. My query is we have been paying service tax on the actual receipts. We pay office rent of 1Lac+ including service tax @ 10.30% amount appx. 21k. Payment of service tax on rent is clearely mentioned in the rental agreement. CAN WE AVAIL INPUT FOR SERVICE TAX PAID ON RENT. Please advice.

Thanks & Regars,
Nagabushan

Dear All

I am a small money changer with an annual sale of Rs.3.00 crores. After the recent amendment, i am charging Rs.25.00 as service charge per purchase and sales transactions. All together my service charge for the last accounting year is Rs.15075/-. Do I cover under service tax treshold limit?

Hi,

Does Tyre Retreading come under the purview of Service Tax? I do for individuals and companies (No Contracts or Agreements).

If yes, then I have another question too:

I bill my invoices in whole without specifying in detail about the raw materials cost, labour cost, etc. And let us assume that total turnover is 15 lacs p.a. Now when i calculate exemption limit should i take the total turnover which includes cost of raw materials + 4% VAT which i pay when i purchase it or should it be calculated on the total turnover after deducting cost of raw materials?

Sridhar