What is the provisions for taking credit for Input Service Distributor for input services? and What proportion?
Any of branch can utilize all credit or must pass to other branches?
An organisation fully owned by a state govenment provides educational training. Will the services be taxable under sub clause zzc or is there any tax exemption for such organisation? Pls quote the exemption notification if possible.
Sir,
We are an Indian company representing a foreign company (which is a TV service channel)in India since 2008. The only service that we provide them is to inform the public in the Indian territory of their TV service and make them aware of the TV channel.
Uptil now we have not been paying any tax. In order to save ourselves from the levy of tax, can we say we are exporting our service?
Also, under which category of taxable service will we be covered?
Our firm is engaged in Commercial Construction Business. During the course of business, If wish to make some contracts with different contractors for the following works each of them is below Rs. 9 Lac:
1. Electric fitting labor charges worth of
Rs. 600000
2. Bore expenses with submersible pump
Rs. 250000
3. Coloring work only labor Rs. 500000
4. Plaster work only labor Rs. 750000
Now my queries are
In this case whether the firm will be liable to pay service tax or the different contractors as no one individual service is exceeding Rs. 10 lack ?
If the firm is liable to pay service tax whether it will be restricted to above work done through others or on all labor works which are got done employing direct laborer
Whether the provisions of circular No. 332/35/2006 dated 01-08-2006 can be applied to this service also ?
Kindly opine.
Kalpesh
Dear All,
In 2004, one ad film maker recd contract from another ad film maker. If ad maker raised a bill towards ad agency who sub contracted the work without service tax charged on the premise that sub-contractor is not liable to collect & pay service tax on sub-contracted work, whether it is correct?
If u hv any Circular/Notification in respect thereof, kindly give refernece.
Regards
if a indian company performs a work given by another company situated in Special economic zone (puna),that work is to be performed for another comapny situated at singapore.
sez unit company recieved payment in FCNR account from singapore company
and charges 7% cut and give rest amount to indian company who actually performed the work at singaporeabout 93% in his FCNR account .
Is the payment recieved by indian company from sez unit treated as export which is
exempt from Service tax.
Please explain me the relation of works contract tax levied under service tax and state value added tax. elaborate the situation where either of one or both of the legislature levy works contract tax?
Dear Professionals,
I am requesting to u pls give me detail that how service tax is defferent to work contract tax.
where service tax is not applicable and wct is applicable
Harish
Are Air Freight and Marine Insurance can be claim as input service CENVAT credit in case of export of goods?
Material purchased to erect building.
The material bills are inclusive of excise.
The material cost( basic) is capitalised to building.
Query:
CENVAT paid on input material , whether to claim credit @ 50% AS CAPITAL INPUT or to claim 100% as normal input.
Pl guide.
Thanks in advance
CA Anand U Patankar
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
CENVAT