Hii group member's,
Can someone give me the combined study of service tax & VAT in case there is a contract of supply of material & services both (Let say i have to install my electric items in clients place with the help of few labour cost and full payment i'll receive is 1000/- which can't be separated in material & labour)
- What will be the compliance of WCT which is charged @ 4 percent
- What will be the billing format? service tax & VAT both will be charged at the same time or not?
- What will be the issue of composition scheme?

We are paying service tax thro using input credit available. While filing ST-3 Return I have reported gross receipts as inclusive of Service tax amount and calculate service tax on total receipt and file the return for the last 1 year. Is there any way to file revised return now?

I have paid thro Input service tax credit and utilised that credit in excess.

Say my invoice value is 12500 (Tax 2500)
I have shown after receipt from the client
and pay tax on Rs.12500 X 12.5%.

Kindly help me to solve this problem.

Thank you in advance.
URGENT

Value of services rendered in the year 08-09 was Rs. 10,50,000/-, then it is clear that I can not avail exemption in the year 09-10. Question is whether I have to pay service tax on Rs. 2,00,000/- (out of 10.5 lakhs mentioned above) received in the year 09-10 in relation to services rendered in the year 08-09.

I want to know what is the penalty for non depositing of service tax collected for FY 2007-08 FY 2008-09?
further no service tax return is filled for that 2 years.

one of our claint service provider(event management ) , he is not paid the service tax at the 31.3.2009 due to more TDS deductions there money has struced because of TDS Deductions , They are training to arrenge for money but for that some time is required . now the problem is he is not paid the service tax before the filling date can we file the service tax returns (ST-3) without payment . showing outstanding tax payable in returns .

Please help me.

sir/ madam can u let me know what will b d applicable rate of service tax for June 09 ca final exam?

We are exporters of agricultural commodities.
Our suppliers (service providers) are charging service tax on freight bills, Professional surveyors, commision by bank against realisation of export proceeds,etc.

As per notification no. 33/2008 dt 07.12.08 clause 'e' of notification 41/2007 has been omitted.
clause 'e' states service tax cannot be claimed if assessee is "availing drawback of service tax paid on the specified services under the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995; "

CAN ANY 1 LET ME KNOW WHAT IS THE MEANING OF .............drawback of service tax paid on the specified services under the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995........

HOW CAN DRAWBACK BE CLAIMED OF SERVICE TAX? drawback is claimed on goods exported & not on service tax.

my contact details are:
Cell - 9930361807 & nikhil@shlogamagro.com
Nikhil

Dear Experts,

My query is regarding Outward Freight [Carriage Outward] paid on behalf of Customer..see the points below..

1.We are making the freight payments on behalf of our customers and later on charging the same to the customers in access of Invoice Value

2.Our Transporters/Courier companies are raising the bills on monthly basis to us on which they are charging the Service Tax as applicable %

Pls.clarify whether still such expenses are liable for Service Tax ?

Sometimes it happens that we might get the 100% of the freight paid on behalf of customers and also possible of not getting the full amount paid...

whetherservice tax paid with the rent on building can be claim as excise input credit..?

MY CLIENT IS DOING A JEWELLERY MANUFACTURING BUSINESS, HE MAKES JEWELLERY ON BARTER BASIS ARE THE JEWELLERY MANUFACTURING LABOUR COVERED IN SERVICE TAX ? SHOULD MY CLIENT RAISE THE LABOUR BILL WITH SERVICE TAX ?