please explain reverse charge mechanism....give examples.....

I have a client (individual) who is into supply of labour to body corporates only. service tax is to be paid by the body corporates under reverse charge mechanism. in such a situation, is the individual providing services needs to take registration or not?

A director of a company is providing taxable service to his company, under RCM company is liable to pay Service tax thereon. I wanted to know whether this Director is liable to get registered under Service tax as company has already paid him 750000/-

Your early response will be highly appreciated.

Whether a service covered under import of services for reverse charge of it is provided by a person outside India in outside India & consumed outside to a person inside India...

Whether RCM is applicable on freight paid on capital goods purchased while the factory in under construction?

I am providing two taxable services CONSULTING ENGG SERVICES & BUSINESS SUPPORT SERVICE I HAD PROVIDED services before 01-June-2016 and received payment before 01-June-2016.

Now i want to deposit service tax alog with interest part thereon, kindly suggest me the accounting head for depositing service tax and interest.

I have searched and found these accounting heads for Consulting Engg services 00440057 and for Business Support services 00440366
Swachh Bharat cess 00441493

I request you gentlemen to kindly suggest me the accounting head for interest part. Is there only one accounting head for interest part for every services there is a different accounting head for its interest part.

Your early response will be highly appreciated.

Hi,

My partnership firm is registered with service tax. I have two queries:

1. Now we are giving engineering drawing (soft copy through internet) services to my steady US client. My client is paying us through wire transfer (using SWIFT) to my Indian current account. What is the procedure to file service tax exemption for these amount?

2. We are not expecting to cross annual turnover INR 10 lakh. In this case should I need to pay service tax?

let say I M/s Abc - earning commission from m/s xyz - foreign Company for supply of product x directly to M/s pqr - an Foreign Company. ( I go to many country and Book Order and many order received by mail )
so is it taxable under service tax

Dear Experts,

A service provider start his business in Sep 2016 and his turnover not exceed Rs.10.00 Lacs. Is he required to get Service tax registration.

If second and third year Turnover exceed Rs.10.00Lacs then he can Small service provider exemption?

Please clarify the same.

Thanks & Regards,

Moorthy A S

Hi, I am an employee of a UK company based in india. The company does not have a legal entity in india, so I file my tax return as a self employed. In my offer letter they have mentioned me as employee for the company. Every month receive the salary in my bank and I do not have to raise invoice every month. I am not registered for any service tax. Will I have to pay the service tax. My job profile is business development in India.