There is special rate (i.e. less than 1% in case of domestic air lines and 1.236% in case of international air lines) of service tax laibilty in case of Air Lines Travel Agent. This is what there are suppose to pay to government on receipt of air line tickets. But if talk about credit that is to be taken which is levied at 10.30% how much they can avail? Whether it is full 10.30% or lesser amount?

We are dealing in software license. Whether service tax and vat both are applicable on software license and on what amount.

eg 1) Basic bill amount Rs,. 100
Service Tax @ 10.3% Rs. 10.3
Vat on 110.3 Rs. 4.41

eg 2) Basic bill amount Rs,. 100
Service Tax @ 10.3% Rs. 10.3
Vat on 100 Rs. 4

Can u also provide me any notification/ circular for future reference.

Thanking you in advance

is there any notification in service tax said that co-op society is exempt from service tax

pls reply

The notification No.10/2008 provides for maintenance of separate books of accounts for availing of input credit with respect to taxable and exempt services. What does separate books of accounts mean as per notification?

Maintain separate tally for both Taxable and exempt services, else is it fine if we are able to segregate the expenses with regard to the taxable and exempt services.Can it be having the data in excel sheet where the expenses are properly segregated between exempt and taxable services????

Is there some material to substantiate the same?

Kindly reply at the earliest. Very urgent

Thanks.

sir

please provide me the rate of service tax applicable for tour operator and exemption available .

an assesse which is a commission agent, registered under Business Auxiliary services is developing market and clients in INDIA for foreign companies as well Indian companies. to the extent of commission recieved in Indian rupees the assessee is paying service tax but not on the foreign commission recieved in convertible foreign exchange citing Export services rules,2006 as the money is not expatriated back. Is it correct in view of the fact that the service is being actually rendered in India. kindly guide me. I am really elated to have such a enlightened camraderie of Auditors.thanks CAclub.

kindly reply soon,

shiv shankar Ghosh, CISA

Sir

1 A company is having 7 contracts. In one works contract company adopted Lumpsum payment 4.12% service tax. In another works contract company adopted to pay service tax on 100% and enjoying the cenvat credit. Company filed separate returns for both the contracts.

2 In the other 4 contracts company paid service tax under service commercial &industrial and enjoying the credits of input services and cenvat. Company filed one separate for all these four contracts.

3 In another contract company paid service tax under service Erection commissioning and installation and enjoying the credits of input services and cenvat. Company filed one separate for this contract.

4 Company also filed one more return for GTA service received

In this manner company filed total 5 returns. Whether it is right under service tax. Advice what should the company do?

SHOW CAUSE NOTICE U/S 76/77/78

PENALTY REDUSED U/S 80

WHAT IS THE POSITION

Kindly let me know whether the Service Tax is applicable for construction of a temple
building run/management by a trust.

Dear Sir,

I which category glow sign board business need to registered.