One of My Client is Contractor and providing ONLY TAXABLE SERVICESA. He has having a Cenvat Credit of Rs.250000/- now how he can utilise the same against Service Tax Payble. Please also sugeest how much credit can be utilised in a particular Quarter.
is there a cap of maximum 20 %
if the associated Enterprises provides service to another associated enterprises & raises debit note & not the bill , then whether the new amendment is applicable i.e service tax is required to be paid with in the same month in which entry is passed in books even though payment is not received ?
Amendment is applicable from 10.05.08
In our co. We are taking Input Credit on Excise and Service Tax and utilised against Output for Service Tax.
We dont have any Excise Tax Liability.
Our Output Service are charged at different rates 12%(normal Service TAX),4%(Works Contract) & 3.96%(commissioning.& Erection at abated rate).
My issue is that if any capital items is purchased and utilised for all the above services then whether input credit can be taken for payment of above service tax.
PLZ give reference
On which amount we charge service tax?
After TDS amount or before TDS amount
Hi, What is the limit for individual and firm for service tax?
Hi,
Many of the companies following accroual basis , while remitting the service tax to the department.Is it corect method of making service tax payment?please give me details.
Thanks.
Gireesh Hegde
ours is a company,we are sending Goods to customers through various Transporter's (of them some are Companies)but there are not mentioning Service tax amount in their bill.My Question is whether we are liable to pay voluntarily 25% 0n the gross bill amount and claim cenvat or we are not liable for service Tax
We have paid advertisement charges to a foreign party who have no permanant establishment in India. Our permanant estabilishment, address, place of bussiness every thing is in India. The Advertisement is publish in foreign print media. or say advertisement agency is foreign & advertisement is given in foreign print media i.e. Services provided outside India. On reverse charge basis whether we are laible to Service Tax. As per " Taxation of Services (Provided From outside India and received in India) Rules, 2006 - The advertising Agency or Sale of space or time for advertisement Service are covered in List 3 " Services in respect of whcih criterion of loacation of receipient of service in india is presscribed". Since we are located in India we shall deemed to be received services in India & Liable to pay service tax. Pls advice am I correct in Interpretation?
Hello Friends pls let me know whether one can apply for Registration for Service Tax even if its taxable turnover is not cross limit of Rs. 9 lakhs. And once it is apply then it is necessary to collect service tax from his client from date of registration...
dear sir,
we are dealing with event management service provider. i want to charged service tax on services provided to foreign customer.
i want to know the service tax rate for that is it there is new service tax rate for that
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Cenvat Credit