THE APPLICABILITY OF NEW RATE OF 14% HAS BEEN NOTIFIED ?

A business Entity will pay the Service Tax on the services received from Service Provider from 1.4.2015.

Whether it is applicable to a COLLEGE where the college is not paying any Income Tax.

Any Security Services Received from an Security Agency will attract service tax and the College has to obtain the "Service Tax Number" and pay the Service Tax accordingly from 1.4.2015. Whether this ammendement is applicable to a Educational Institution.

It is to be clarified.

Can a builder who is developing a commercial property and selling units to retail investors charge service tax on the cost of land as well as construction cost ?

how to file service tax & TDS return on line please let...clear it

Sir,

I have the following query:

Assesse is a subsidiary of a company. It incurs Rs. 100/- on behalf of holding co and bills the same to holding co for Rs. 110/-.(Rs. 10 being its administration charge)

Now my question is that on what amount service tax is to be charged?

Also note that incurring expense on behalf of holding co is not the recurring transaction for subsidiary.
Thanks In Advance.

Is there any change in abatement in Goods Transport by road Service.

Guys,
The assessee is collecting say 1000 as rent and st of 123.6. He has paid property tax of say 100. So actual st liability is (1000-100)*12.36% which comes to 111.24. If the client chosses to pay as per the assessable value, he would have collected excess ST. So the best way woud be to pay of the whole service tax collected right?


As per Notification No. 29/2012, Assessable value for renting of immovable properties is Gross value LESS property Tax paid (On proportionate basis.
If assessee pays excess service tax he can adjust it upto one year.

Kindly clarify.

Regards Sashi

pls explain all the concept regarding reverse change mechanisam uder service tax

sir,
if a service provider provide a service to non resident for developing software, the amount received from that non resident is taxable under service tax act. please answer my query as soon as possible.

In case of Works Contract, a consolidated invoice is raised for VAT & Labour. The client is registered under composition scheme for VAT purposes, then Composition Tax is collected @ 4% on total contract value and paid to the Government. The actual labour is about 30% of the project value. But as per ST rules, Taxable service in case of non-original works contract is 70% of the contract value. Please suggest whether he has to collect ST only on 30% of the contract value or 70% as per ST rules.

Also Can he raise two separate invoices for labour & VAT? If so, then as per COT, tax should be collected on total consideration of the contract, which will be 100% of the contract value. Then one invoice will be 100% of contract value for COT & 30% of contract value for ST, which will impact my turnover in books. Please guide.