CA Balakrishna Bhat

I want to know about those input services taxes, which are not eligible for input credit under cenvat(full list)

Thank you,
Balakrishna


CA Manikandan.A.V
30 January 2009 at 15:42

Service Tax on De coiling Charges

A Company Provided De coiling Services to SAIL. Is it necessary for it to Charge Service tax in the Invoice. Is there any excemption with respect to this. Please help.

Advance thanks,
Manikandan.A.V


Ganesh B

Hello! Everybody,

Can anyone give notification/circulars on the following:

Our company provide a tanker on hire/rent basis to a customer on day/week/monthly basis, which is movable item, based on the customer requirement, who'll issue an order for the same.

Is this transaction comes under service tax?
If comes, under which service? Give the notification/circular number.

Thanks


VINAY
30 January 2009 at 13:07

Input Credit

Dear Sir,

Pls. tell our company Rent Bill raise to party & service tax charge in bill and we also paid rent to another party there bill in also service tax mentioned then can we take input credit or not ?

second question is we know below 10 lac service tax is exempt but if this amount increase 10 lac then my liabilty on which amount ?


Thanks


CA Jithesh C
29 January 2009 at 17:10

Input Credit

Dear Experts,
If a company is not yet registered for service tax, can they carry forward input credit in order to set off future liabilities? Is there any specific condition regarding this? (like certainty to provide output service in near future?)Can you provide sections also.

Thanks in advance.


Nitesh Sethiya

Year Job work ReceiptsExemption Limit
2003-04 8,89,335.00 Not Applicable
2004-05 2,03,175.00 Rs. 4.00 Lacs
2005-06 Nil Rs. 4.00 Lacs
2006-07 Nil Rs. 8.00 Lacs
2007-08 1,51,500.00 Rs. 10.00 Lacs

any body tell me that the above exemption limit is correct or not according to job work receipts and year.


CA. Atindra A. Prabhu Bhatikar
29 January 2009 at 12:26

Works Contract Service

Has anybody actually calculated and compared the two options available to a works contractor - Rule 2A and composition scheme. In general can we say that to avoid any hassels with the Dept at the time of assessment, one should opt for compisition scheme? kindly share ur experience.


sathyam

Dear Experts. One of my clients is merchant exporter. He is charged with service tax for ocean freight and clearing & forwarding charget etc. whether he can get refund of the same? whether he can ask the service provider not to charge service tax? Pls clarify.Thanks in advance.


CA Suresh Choudhary
28 January 2009 at 13:55

CENVAT Credit on Input VAT

Can we take CENVAT credit of Vat (paid by us on input material) against service tax payable?


kirubaharan
28 January 2009 at 12:52

Applicability of Service Tax

A CA Firm which is located in delhi got audit of banks all over india, it decided to share the works of southern india with a firm in chennai. Both the firms are not related. Whether Chennai CA Firm need to pay service tax on the bill which it raises on Delhi Firm for the services rendered?? If it needs to pay then on what basis?





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