We are paying insurance premium of Product Liability insurance to Tata AIG general insurance Co. Ltd.for overseas shipments.
Kindly let us know whether we can take refund of service tax paid on insurance premium paid for Product liability insurance.
I want to know because in circular says general insurance servcies and no specific mention of Product Liabity Insurance.
CAN I PAY SERIVECE TAX PENATLY OF LATE FILLING OF SERVICE TAX RETURN BY CENVAT CREDIT (FOR 08-09)?
HI.
SIR HOW CAN I SAY THAT BEFORE 2006 REIMBURSEMENTS ARE NOT INCLUDED IN GROSS AMOUNT LIABLE FOR SERVICE TAX
PLEASE GIVE ME NAME OF CASES WHERE BEFORE 19/04/06 REIMBURSEMENT ARE NOT TAXABLE FOR SERVICE TAX PURPOSE
OR SECTION NO. OR PARA NO. OR RULE NO. FOR THE REFERENCE
WAITING FOR QUICK REPLY
THANK U
We have started a coaching centre for which we are registered under service tax. Till date we dont have any income from the coaching centre but we have a input credit which we have paid for designing of website. Now my query is do we have to charge service tax or it is exempt till the time expemtion limit is crosses?
Can I take credit of input paid by showing it in return and carry forward it? Is it allowed not to charge service tax though we are registered under service tax?
Can any one sugest when service tax Registration Required for Legal Service Provider.
Girja Tripathi
before 1.4.2008 in Cenvat Credir rules2004 in Rule 6(3) Cenvat Credit on Service Tax paid on Input services was allowable only 20% of total service tax liability payable on out put Services.From 1.4.2008 in rule 6(3)for getting the cenvat Credit on input Services under pro rata option one has to reversed amount related to non taxable value of services and for the rest amount full credit can be taken.My ouery is, can we utilize the whole of the amount of Cenvat Credit lyiny on 1.4.2008 or we have also to reversed the prorata amount relating to non taxable portion of Turnover
One of my client is a Consignment Agent of a Manufacturer. His source of income is the Commission given by principal, on which he pays Service Tax.
Also the principal gives special discount to be passed on to buyers, but Agent does so partially. He treats the difference as his income. Pls guide me as to the nature of such income and whether service tax is leviable on such differential income? Thanx in advance
hi...........i m final student
i want to know that from when reimbursement become taxable for service tax purpose
if they r from service tax valuation rules
2006 then in 2003's definition it is givcn that service tax is liable is liable on gross amount
so how can we say that reimbursements are not include in gross amount
please give me answer descriptively with rule no. or sec. no.
thank u
waiting for quick response
dear all,
(i) what is procedure of filing return of quarterly,half yearly & yearly under service tax ?
(ii) what is nil return under service tax act if may be late filing of return what can be ?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Product Liability Insurance Service Tax