hi everyone, i am little bit confused between WCT and job work charges.Can anyone plz explain what these two are and their relevant provisions. Your reply will b appreciated. Thanks

hi experts I filed st3 of our company on 23rd oct. but due to some mistakes i wanted to revise our st 3 before 90 days of filing original return. unfortunately i could not file revised st 3. what shall i do now we have paid all our service tax on time & we have sufficient input credit also. kindly guide me to file St 3.

Dear Sir,
As per Service tax notification no. 3/2013 ST dated:01-03-2013, whether service tax is applicable on transportation facilities provided by education institutions to students, faculty and staff for the F.Y. 2013-14.

Kindly do to the needful.
Thanking you,

RM

Actually we are transporter and working only for companies. But in few case after supply of material to the party godowns , on returning our truck is hired by misc transporter on its GR.
He pay us a fixed amount for the trip for the truck.
Now we wish to know,
1. is there any service tax liability will arise on it on us and
2. In which head income to be shown.

Kindly advise.

IF
SBC OUTPUT -0.5% -2000
(-)SBC INPUT - 0.5% -1000 (CENVAT)
BALANCE PAYABLE - 1000
IS IT CORRECT ENETRY? LET ME KNOW.

IF
SBC OUTPUT -0.5% -2000
(-)SBC INPUT - 0.5% -1000 (CENVAT)
BALANCE PAYABLE - 1000
IS IT CORRECT ENETRY? LET ME KNOW.

Hi,
When we collect & receive the SBC - where it classify? under indirect exp. or it's duties & taxes. Please let me know.

I am a works contractor. My turnover is Rs. 2 crores in FY 2012-13. Out of my turnover Rs. 706500 is supply of tangible goods which is taxable and balance amount is received from construction of road which is exempted under service tax sl no. 13 of notification no. 25/2012.Here my question is whether I can avail exempted limit 10 lacs or not

Dear Sir,
I have following queries
1. What is rate of interest applicable on delay of service tax.
2. This is the first financial year when turn over would cross the limit of 50 lacs, then interest would calculated on monthly basis or it would be calculated on quarterly basis.

Please advise me, its urgent.

We are paying service tax on advance receipt also.at the time of passing entry itself we are booking service tax as input credit. Suppose that customer is rendering the services on next financial year means that input credit will be able to claim in current financial year or next financial year?