A company is doing construction of a semi commercial building on its own land. At present the property is under-construction and company has not received the completion certificate from the competent authorities. Moreso, till now the company has not received or taken any advance for sale of space in the said property. Now the company wants to sell the entire property to a buyer who is ready to buy the property in as and where is it condition.
Whether the service tax will be applicable in case the same is sold to a single person as a single unit?
An employer arranges bus service to its employees to bring them from home to office and return. For this the employer charges an amount from the Paybill.The amount that is recovered is negotiated between the union and the Management.Now is the employer liable to pay service tax for the recovered amount.
Proprietorship business of Transporter service tax is applicable if turnover exceeding basic service tax limit & if applicable what is rate of ST
Dear Sir,
My client has obtained Service Tax Registration as Tour Operator. He is liable to Pay Service Tax @25% of Total Receipts & @75% as abatement.
My query is how will he get Exemption
1) Total Receipts 40,00,000/- Taxable Value will be Rs. 10,00,000/- (Being 25% is Taxable)
2) Total Receipts 10,00,000/- Taxable Value will be Rs. 2,50,000/-(Being 25% is Taxable)
An Individual Is worked on the basis of labour contractor (with the use of suing materials)
He engaged in the labour contract of making dress material by hiring the labour, the labourers are making dress material for them in employee and empoyer relationship!!!
Whether the Service tax will be applicable on this service in which service is provide by way of making dress material?????? his gross receipts during the year is 14 lac
Please do the needful ASAP.
Sir,
Let me have your opinion regarding Service Tax payable on my rental income. My rental income for the year ended 31-03-2015 was Rs.8,50,000 lakh for commercial let out premises.
Now this current Financial year ending 31-03-2016, the aforesaid rent touches Rs.10,64,000/-. I registered myself under Service Tax Registration in January 2016. I have to pay Service Tax. So please give me your opinion as to how much amount I have to pay towards Service Tax. My relative who is an accountant says to pay Service Tax @14.5% being Rs.9,280/- on the excess sum of Rs.64,000/- over Rs.10 lakh before 31-03-2016 and file Service Tax Return in Form ST-3 before 25-04-2016. Please give me your view is it correct.
Thanks & Regards,
V. KUMARAN
KARAIKUDI
If a bill containing service tax also, in such case tds should be deducted. but it is from full bill amount or only from particular labour or installation charges???
Sir
How many type of service tax and how much rate .
Which service is tax and how much
How many rate which service.
Sridhar banerjee
one of my client says that if main contractor pays service tax then sub contractors is not liable to service tax is its justified? pls give some case law to support my contest that service tax is stage to stage basis
I HAVE WORKS CONTRACT OF RS.100000/- WITH 40% TAXABLE AND 60% ABETMENT IN SERVICE TAX. ALSO PAID VAT LUMPSUM AT 0.6% RATE, PLEASE PROVIDE CALCULATION OF VAT AND SERVICE TAX OR PREPARE MY INVOICE WITH THIS AMOUNT AND DETAIL I HAVE TO PRODUCE TO MY CLIENT.
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Service tax on sale of under-construction property