Service tax provides exemption on the amount of services provided by the assessee. If an assessee is below exemption limit, is it necessary to file nil service tax return. If assessee has not filed service tax return for say two to three years, can he cancel his registration? Can officer will ask for nil returns. Is there any penalty.

I am a proprietorship firm with current billing below 10L rupees (around 8L current billing). I have to raise an invoice for services for Rs. 2.5 (single bill). I want to know-

1. Should I apply for service tax registration now or after billing this amount which will take me above 10L?
2. On what amount will service tax have to be charged and paid? On entire 2.5L or only on the excess over 10L, i.e. on Rs. 50,000 only?

Is their some specific rule on item 2 above?

Your help and clarification is deeply appreciated.

Sandeep

I am in Private Limited Company.
we are procure Milk, Process and Selling to Distributor.
For procurement from farmers and selling to distributor we are paying transporation to Individuals on 10days basis (around 80000).
However there is no scope for LR as they are the employing just vehicale and driver.
All other activity is done by us.
1) My question is, whether service tax is applicable?
2) Under which section, it applies to us?
3) What is the procedure if it is applicable?
Please guide me.
Thanks in advance.

Dear Experts
Seasons greetings.

I have query on
"will service tax regn compulsory for exporter of services which are exempted from service tax liability" is there any reference

Thanks

I want to know what is the interest and penalty for delayed/non payment of service tax in time and also for delayed/non furnishing of return in time as per the latest notifications.

A company has entered into a cost sharing arrangement with its group companies. All the expenditure are paid by that comapny and recovered from other comapnies by raising a debit note. The company charges certain fees for these services.

Is service tax required to be charged on the entire amt. of debit note, even if it shows separately the cost incurred and fees charged along with documentary evidence?

My opinion no service tax on reimbursements..

Can the other companies claim Cenvat credit of the cost incurred by the main Company?

Can you tell me the service tax % for the following GTA services.

1). Goods Transport Agency
2). Commercial / Industrial construction
3). Business Auxillary services
4).Renting of Immovable property


Regards

Sam

Hi all,

Acutally bank charges a commission on collection of amount through credit cards. Furthur on that commission plus ST is also charged by the bank.

i)Can we avail the input credit on ST charged by bank?

ii) Do we need to deduct TDS on Commission paid to the bank?

Can anyone tell me different rates applicable to different services under service Tax act??

I have taken Service Tax Registration No. and during the year my receipt from providing professional services is upto Rs.4 Lacs.

Plesae let me know if there is mandatory on me for charging service tax on rendered services whether it is below the exemption limit.

Please also provide me related notification in this regard.

ASAP