Sir If party has deposited excess amount of service tax @12.36% instead of 10.30% and we have deposited it with the service tax authority . Can the party asked for the refund of the excess amount of service tax which he has paid to us.

Can anyone help me out in a doubt relating to the above subject.

Q: Turnover for FY 2007- 08 - 700000
Total receipts in 07-08
(a)in respect of bills raised
in 07-08 - 650000
(b)advance received in respect
of service to be rendered in
Fy 08-09 - 400000
--------
Total receipts - 1050000
--------
The business was commenced on 31st Jan, 2007.
My queries are:
(i)Can i claim general exemption upto Rs. 800000 receipts, given to small service providers as my turover in 07-08 is less than Rs.800000?

(ii)Should I pay service tax on receipts exceeding Rs 800000 i.e on Rs.250000 which constitutes my advance receipts?

(iii)As my turnover is less than Rs.800000 in 07-08 can i get general exemption of Rs.1000000 in FY 08-09?

(iv)Finally what are the consequences if I am not registered in FY 07-08?

I would be grateful if any one provide me with the answers for the above queries as soon as possible.

Thanks in advance

Regards,
SRAVANI P

Sir,

We pay Service on Job Work and GTA (Goods Transport AGency) For Example We purchased Machiney and obtain Cenvat of Rs. 2,00,000/- (Input Credit) and Output through Job Work is 1,00,000/- and Rs. 25,000/- on GTA Service (with getting 3.09% Abatement on GTA) our total liability to Service Tax Department is 1,25,000/- (1,00,000+ 25,000/-) but out Credit through Cenvat is 2,00,000/- Can we pay GTA Service through CENVAT.

Thanking You

Sunil Kumar

My E-mail id is = sunil_kumar10520@yahoo.com

Sir, If we have received tha amount from the party @ 12.36% as service tax can we deposit 10.30% as service tax to the tax deptt and show balance amount in service tax creditors/in misc receipt of the party.
Further tell me also that if party has given advance payment to us @12.36 % . then what to do.

Sir, If we have received tha amount from the party @ 12.36% as service tax can we deposit 10.30% as service tax to the tax deptt and show balance amount in service tax creditors/in misc receipt of the party.
Further tell me also that if party has given advance payment to us @12.36 % . then what to do.

DO the service tax credit allowed on the expense incurred for A/C repair at office.plz explain.

Please immediately send me a formula for calculating of service tax if pary has paid total amount without mentioning service tax. or if party has given excess service tax how to calculate it.

Please immediately send me a formula for calculating of service tax if pary has paid total amount without mentioning service tax. or if party has given excess service tax how to calculate it.

plz let me know whether the expense incurred for courier services is allowed for input credit.KIndly elucidate.

I Would lIke to have your clarification on the below issue.

We are in teh process of registering our firm with the Service tax department for rendering service under category " Bussiness Support Services ".

May be i would have my registration done by 20.03.2009.

Our First Invocie will be raised on 25.03.2009 towards the service being provided by us.

My Point is that can we avail the cenvat credit of the service tax paid on some of the Input services.......Input services Invocie dated before the date of registration......consider the date of the invoice of the input service will be around 15.02.2009. ( Before the date of registration .

Kindly clarify.

Regards
Karthik