Dear Sir,

A party has issued us bill for services rendered in the month of january 2009 or before that period. Bill has been issued on 13/02/2009 and he charged ST @ 12.24%.
Now we are paying this bill in the month of march 09 and now the Service Tax rate is 10.3% after 24/02/2009.
Kindly guide us should we pay ST @ 12.24% as charged by party and take Cenvat credit of same or we should pay ST @ 10.3% becuase the liabilitiy of ST payment arise after receiving payment for the services rendered.

Please reply

Ganesh Pawar

dear all

one of our client had collected service tax in 2006-2007, 2007-08, 2008-09. in 2006-2007 the books of accounts were seized by the sales tax dept.

he does not know the exact amount of service tax.

My query is how can he make payment of tax now . please tell me can he pay tax on estimated basis. also he has not filed the return since 2006-07. What should he do now ?

sir,
i a tax consultant , one my clint having outstanding service tax . he got struk for due to the TDS deduction , he is aranging for some money after one month , wether he will atract only for interest or interest and penality both . please clarify me. If only for interest what is the Rate of interest i belive that is 13% p.a

i have a property which has been given on rent of Rs. 125000/- per Month to a Pvt. ltd. Co. which used this property for the Hotel Business.
During the year 2007-08 i hv paid rs. 24000 on dt. 30.03.2008 as property tax in respect of such property.
accordingly my query is that how can adjust this amout during the year 2008-09.
although i hv collect whole amout of service tax from tenant without considering the amout of property tax.

i have a property which has been given on rent of Rs. 125000/- per Month to a Pvt. ltd. Co. which used this property for the Hotel Business.

Accordingly my query is that whether such property is covered under residential property as prescribed under the provisions of service tax?
if Yes, can i also liable to Collect & Deposit the Service Tax on Rent on immovable property.

WHETHER A STPI UNITS ( SAY BPO CALL CENTER, SERVING TO US CLIENTS ONLY) CAN GET REFUND OF SERVICE TAX PAID ON THE INPUT OF SERVICES. AS ITS EXPORT OF SERVICES, NO SERVICE TAX IS CHARGABLE ON SALES. HENCE, THERE IS NO QUESTION OF SET OFF OF INPUT SERICE TAX.

IS THERE ANY CLEAR CLARIFICATION ABOUT REFUND OF SERVICE TAX PAID ON INPUT SERVICES FOR SUCH COMPANY?

The rent on immovable property for the month of February 2009 is billed and received in advance on 02.02.2009 in which service tax was charged at the rate of 12.36%.

Now the rate of service tax was changed w.e.f. 204.02.2009.

What will be the rate of service tax from 24.02.2009 to 28.02.2009 in this case?

Do I reqiure to refund the service tax due to the difference in rate from 25.02.2009 to 28.02.2009 to the tennant

Regards,
Jyoti

The rent on immovable property for the month of February 2009 is billed and received in advance on 02.02.2009 in which service tax was charged at the rate of 12.36%.

Now the rate of service tax was changed w.e.f. 204.02.2009.

What will be the rate of service tax from 24.02.2009 to 28.02.2009 in this case?

Do I reqiure to refund the service tax due to the difference in rate from 25.02.2009 to 28.02.2009 to the tennant

as 31st is coming how to calcualte payable service tax on payment basis or accrual basis? pls immediate reply on
deven_vejani@yahoo.com pls.

there are four telephone in our company, whos 90% exp debited in our company and 10% exp. debited in other company,

so how much service tax credit we can book in our company