amit surana
13 January 2009 at 19:34

service tax on advance payment received

Dear Sir,

We are a partnership firm providing BSS services.

We received on account advance payments from the party to whom we provided services and on whom we raised the bills

the amount received as adv ,we used in the business as follows
1.Payment of security deposits
2.purchase of assets.
3.and rest we used for business.

How we can save the interest on this advance payment received.

Please tel the accounting entries and how we show it in our books.

What shoub be our explanation on this in case of service tax query.


Preeti Agarwal
12 January 2009 at 17:28

VAT & Service TAX on same thing

I want to know is it possible that VAT and service tax is applicable on same thing. i.e. service tax is charged at the same time and VAT is also applicable


mohan rao
12 January 2009 at 16:06

Service Tax on Residential Apartments

Dear Sir,

I heard that Madras High Court put Stay on Levying Service Tax on Construction of Residential Apartments.

Is it Really Happens ?

If so shall we go further with out paying the Service Tax on Construction of residential Apartments based on the Stay

Pls. Advice.

Thanking You


HEMENDRA BABEL
12 January 2009 at 13:42

Notification No.1/2009-Service Tax

Dear Sir,
Please Brief this notification.

Thanks


RITESH KHANDELWAL
12 January 2009 at 13:30

TDS on service tax

Sir, Hope u r doing great......i have a query ...shall TDS be deducted on service tax as well in a consolidated bill issued by a contarcor...if yes plzzzzz confirm the same by any links or circular......... well i blv it shuld be bt seniors are not accepting it without any documents


peena
12 January 2009 at 12:40

periodicity for payment of service tax

we are private ltd co. haviang service tax registration
our liab. does not exceed rs. 50 lacs per year including current year
what is the perodicity for payment of service tax - quarterly or monthly


Gaurav Kumar
10 January 2009 at 22:42

SERVICE TAX ON G.T.A.

IS CENVAT CREDIT AVAILABLE OF SERVICE TAX PAID ON CARTAGE OUTWARD ....IN G.T.A.


Manudeep Garg


In Total Services,, one service is of Construction of Commercal or Industrial Complex,, and also there is one service of Works Contract. Please tell me what is the difference between these twos?
My Client is Contractor for Civil Construction,, which one would be applicable on him?


Shilpa
09 January 2009 at 20:05

Applicability

Pls advise if a company is providing IT services , sitting in India ...abroad(UK) and remittence is received in FOREX only . Are we exempt from service tax or not .

Services are rendered online from India
Remittence recd in GBP

Will it be treated as export and thus exempt from service tax or not.

Pls advise asap.

Thanks & Regards


O. Mahalakshmi
09 January 2009 at 18:58

Telephone Bills service Tax

Shall take service tax amount of Telephone Bills as input and in which category of service?






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