In computing the service tax liability with respect to rental income from immovable properties, can we deduct the municipal tax paid on the commercial property from the gross rent received?

Notification no.8/2007 stated that RWA is exempted from service tax applicable u/s 65(105)(zzze)provided
1. the membership to the association is by the status of residency and
2.the amount of contribution received by each resident does not exceed Rs 3000pm
My query is if the contribution exceeds Rs. 3000pm but the value of taxable service in this contribution is less than Rs. 3000 pm, then is service tax applicable to the RWA and on what amount. The RWA receives a consolidated quarterly amount from its residents towards various facilities provided.

I have properties in Delhi, let out in Feb 09.

Some one says that in view of stay granted by Mumbai high court he is not paying the service tax in Delhi

Pl advise me the correct position and also what is the subejct matter of Mumabi high court suit & decision thereon

Dear Sir/ Madam

On freight inward we can avail the service tax modvat or not? And also I want to know that the logistics party can deduct the service tax for surface mode on inward bill or not?

Vandana

can service tax for several months be paid in one single challan, suppose for 15 months pending service tax payment

Dear Sir
Suppose An Internet service provider company which was registered for service tax on oct,07 has not not filed service tax return till date also not deposited the service tax through challan. what can the company do now to settle this matter.

Hi,I am CA Final student, my attempt is MAY 10. since i want to start study of Indirect Taxes, currently i cannot refer old book for IDT as syllabus in old Course was 50 marks for Central Excise, 35 marks for Customs, 15 for Service tax. but in new Couse, the pattern in 40 Excise, 40 Service tax, 20 Customs. I am uncomfortable with institute Module. Please suggest me IDT books that i can start with. my Applicable AY is 2010-11. Please guide me in this regard,
Thanking You

Hi,

I want to know the rate applicable 10.3 % is from 24.02.09.

My query is

My billing date is 03.03.2009 but period of billing is Jan-2009 what will be S.Tax applicable?

Thanks
Bhaskar

I had a doubt in service tax

question 1.

I made a bill on 12.2.2009 for a value of 1,00,000/= with 12.36 % service tax and I received 50,000 amount before 24.02.2009 and i remit the tax 12.36 % and I received 50,000 on 01.03.2009 how much i have to pay serive tax on the balance amount.

Question 2.

I received advance amount 1,00,000 on 12.02.2009 for which bill not yet raised. During this quarter ended shall i make service tax @ 10.3 %.


question 3.

I billed Rs. 1,00,000 on 10.03.2009 @ 10.3 % service tax for which I received an advance amount Rs. 50,000/= on 12.12.2008 and paid service tax for the said amount @12.36 % on 4.1.2009.
Please clarify how to bill this and what amount i have to pay service tax.

Dear Sir,

I am registered in service tax department and always pay tax on 5th day after closing of the Quarter but in last quarter i was deposited on 7.01.09, should i deposit some intrest or not. if yes what is it's intrest rate.

Harish