assume company bearing 10,00,000/- on Advert. which including 1,23,600/- as Service Tax and this advert. exp. will be write off in 4 years,

then how much amount of service tax credit taken in first year

can we take complete service tax credit in first year, or 1/4 of service tax credit taken in each year

Dear Sir,
I have made payment in march to a job worker for preparation of machine components. The payment was made for whole amount including service tax but i doubt that the job worker will not pay the service tax collected by him in such case can i take the credit of the service tax which i have paid if the job worker does not pay the service tax and will there be any default on my side in this matter.
Further if i have claimed the credit and the job worker does not pay the service tax will i have to reverse the credit which i had taken

Dear Sir,

If an Indian Company has a branch in overseas and this branch provides taxable
services to its overseas as well as Indian customers and all its payments
comes in foreigh exchange in the brach account. What shall be Service Tax application to this branch?

Thank You

In our Pvt. Ltd. company we have taken service tax registraton mentioning two services
1. Renting of immovable properties
2. Maintenance or repair service
Our company is a real estate company and our main business is construc building and sale the same.
One construction contractor charged service tax on labour charges of our new project and bill to our company.
Now we wish to get credit of service tax on contracotrs bill against service tax payable by us on rent and maintencance bill service tax.
But our CA refused that you cant't adjust because you are not having regn. under head contracotr/construction business in Service tax regn. certificate and this contracotrs services are not input for rent and maintenance services rendered by us.
Is our CA is correct.
Please advise if correct please guide how we can get credit of this amount because this amount is very high.

please explain me about the types of accounts to be maintain in case of service tax and service tax inword credit
and how entries to be passed in this accounts,please solve this query

Sir,

pls tell how should i calculate service tax amount to be deposited.

Suppose I my output service tax is Rs. 5000/- and input service tax is Rs. 1000
then should I deposit rs. 4000 or there is other way of calculation.

Sir,

I had availed services from a person and against that the person invoiced me the fees along with appropriate service tax. I have also paid the invoice in full, that is, fees and service tax.

But now, if that person does not pays the service tax to the department.

Will I be able to avail the credit of such service tax paid by me to the person.

Regards,
Harshit Jain

I wish to know about s.tax liablity,
we are consignment agent of one south India base company,they sent goods to us for further sale,they raise a consignment transfer note/invoce-in which they show basic rate+ex.duty+plus commision amount+insurance+transportation= bill amount.
After this we produce sale invoce,than send a salepatti,shows detail of sales.
They had given instruction to us to diduct the amount of commision,as well as amount of freight,which we have to sent directly to transport company,with diduction of TDS.
My query is is our liablity to pay service tax on transport +commision amount? commision amount for whole year is arround 5-00lacs. where fright amount is arround rs.10-12 lacs.
As existing consultant says when company show-add fright in consignment note,we not need topay any S.tax,as our commision is under limit of S.tas examption.
Hope you will offer your valued opinion.

Is the Basic exemption limit of Rs.10.00 lakh applicable to all the forthcoming years after Registration of First Year ?

First year we have charged service tax.

In the subsequent year ,Whether we can wait
upto reach the Rs.10.00 lakh billing completed ? or
Is it mandatory to charge from the 1st billing ?

Please help to clarify the Query.

i have provided services as subsubcontractor in the year 05-06 in which there is no clarification that weather subsub contractor is required to pay service tax or not and on the same hand my subcontractor had paid the same on my behalf in that respective year but if a circular regarding clarification of the same issued in the year 2007 that sub sub contractor is required to pay the same weather the same can be sustainable for the case of 05-06 that is issued after a year or so.