Can we take input credit of service tax of Exps Bills such as Electricity, Telephone, water etc?
Sir,
One of the Company's nature of business is trading in Computor Software and Computor Hardware. And thier Main business is trading in Computor Hardware.
1.is service tax applicable for software sales? if it is applicable, can they avail input credit on telephone bill,professional charges 100%.
Kindly request.
Facts:The Company (C) has entered into a notarized Agreement landlord (L) for construction of a building on his land say in 60 : 40 ratio. The Broad terms are as follows:
1. Ground floor as commercial and Area of 5 existing shops will be deducted from landlords share on ground floor.
2. 1st floors to 3h floor as residential flats (more than 12 units)
3. The construction of the building is being done by company by engaging daily construction workers
4. The total Super structure is complete
5. So far Company has not entered into any agreement for sale and intends to use booking form for booking of flat and after full payment to execute final Sale deed in favour of would be purchaser.
Queries
LANDLORD’S Allocation
1. Whether any Service tax is payable against the landlord allocation
2. under which section
3. Rate of ST
4. Quantum of ST
5. Date of Payment of Such ST
DEVELOPER’S Allocation
1. Whether any Service tax is payable against the Company’s allocation
2. under which section
3. Rate of ST
4. Quantum of ST
5. Date of Payment of Such ST
i am working in a pvt.ltd. construction company and we do not have a service tax no while building flats we engage contractors and we give to them the work like masons, carpentars, painters, electricians, plumbers even they do not have sevice tax no so i want to know the impact of service tax on us, while registration of the flats we register the flat as semi finished flat and we give construction agreements to the customers whether these sonstruction agreements attract service tax or not, we have also developed land in plots and we have sold them to customers and we have collected developments charges whether this development charges attract any service tax i want to know
Sir, If an Indian Company imports goods by chartering a flight and the agent for this is outside India and payment is made to the agent by remittance in Foreign Exchange. Is Service Tax Applicable for the Importer as a receiver of service ??
We are availing transport service from transporter for Molasis, Sugar and Fo transportation from respective factory to our unit and we & Transport contractor are not paying service tax on above service.
So, pl send me details clarification for above query with narration.
My question on service Tax Payment:
I'm using credit card and get loan of Rs.78000 aginst my repayment track. Now Banker collect service tax Rs.200/- on monthly with EMI (48months).
As I'm an individual, If pay service tax What is the benefit of tax paying.?
If there is no benefit of paying such taxes then what is solution.
Ex : if companies paying service tax means they can get input credit.
What is the solutions.I'm loosing Rs.2400/-PA..
Pls guide me in this issue....Thanks.
Balaji
9841060116
Dear Friends
Please give your view
If a specified person is paying service tax on freight inward after availing 75% abatement.Can it take cenvat credit of this service tax.
condition 1: if the above situation is before march 2008.
condition 2: if the above situation is after march 2008.
1. Our client is engaged in the trading business of glass as well as providing job work facility of glass which are used in Building Construction. This job work facility is chargeable in Service Tax as “Commercial and Industrial Construction Service”.
2. Out of purchase of excisable goods (Glasses) used for trading as well as in the job work.
3. Service tax is collected @ 12% on the Job work services and the credit of the purchase of whole goods is taken as CENVAT credit.
Whether the treatment is proper as per CENVAT credit amended Rules (2008)?
Can we take CENVAT on whole purchased of goods against only part of the goods are used for Job Work i.e. Service Tax purpose?
i want to knw can we take sewrvice tax credit when our name of the company is not proper or not mentioned on the bill?
what is the relevant rule , section in this regards.?
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Input credit of service tax