Dear All,
Pls. guide me , in what kind of supply or service vat & service tax both have charged on 100 % value.
I have receive 1 one bill from our PEB(Pre Engineered Building) Supplier and they have charged both service tax & vat on 100 % of value. They have fabricate the building structure and install in our factory. In my view in this vat & servicet tax will charges on some percentage not on 100 % value i.e. Vat on 40 % of value and service tax on balance 60 % value.
Pls. suggest me with example.
Regards
Bishnu.
{where service provider is not a pure agent of service receiver as per the Service Tax (Determination of Value) Rules, 2006}
The service provider arranges trasportation on behalf of the service receiver and charges actual freight to the service receiver in the invoice.
Q.1 Is service tax payable on the actual freight charged in the invoice?
in the previous year (2008 -09 )we have give our office on rent of Rs. 150000/- p.a. and we have also collect service tax from tenant and paid to govt. In the next year (2009-10) we have reduced the rent amount Rs. 80000/- p.a. which is below Rs. 1,000,000/-(exemption limit) whether we have to charged service tax from tenant?. we have only this rent income.
My client is an event manager.
He charges hill fees as follows.
Material cost 1000
Transport cost 500
total 1500
Service charges 250
Gross amount 1750
I need to know if he has to pay service tax on Rs 250 or on Rs 1750????
My client is an event manager.
He charges hill fees as follows.
Material cost 1000
Transport cost 500
total 1500
Service charges 250
Gross amount 1750
I need to know if he has to pay service tax on Rs 250 or on Rs 1750????
Please confirm that whether we have to charge service tax at the rate when the services were rendered or the rate which is currently prevailing.
Any updation from income tax act (service tax)does not come under my mail id.
I have face the problem for service tax
because percentage of service tax reduced from 12% to 10%
I first thanks to join in caclubindia.
If any updation regarding income tax purpose please forward my mail id
my mail id given below
chandrasekaran_vse@hotmail.com
CAN U TELL ME SIR, SERVICE TAX APPLICABLE ON RENT ON PLANT & MACHINERY?
Dear sir,
We are ASC(atho.ser.center) of Bajaj auto ltd. At Hoshangabad, having turnover of less than 4 lacs/annum. Through free service and paid labour, as per present exemption limit of SERVICE TAX is 10 lacs.
But service tax authorities are saying that you are using mono and brand name of bajaj, hence you are not exempted and you have to pay service tax on your service amount, receivable on 4 lacs @ 10.3 %
Please advice,!
Rgds
Durgesh Kumar chawra
Reliable auto Hoshangabad
Dear sir,
We are ASC of Bajaj auto ltd. At Hoshangabad, having turnover of less than 4 lacs/annum. Through free service and paid labour, as per present exemption limit of SERVICE TAX is 10 lacs.
But service tax authorities are saying that you are using mono and brand name of bajaj, hence you are not exempted and you have to pay service tax on your service amount, receivable on 4 lacs @ 10.3 %
Please advice,!
Rgds
Durgesh Kumar chawra
Reliable auto Hoshangabad
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