Assessee has collected service tax from clients but did not deposit it to govt. The default persists for over a year now..However, no SCN or any kind of Order/notice/ enquiry has been received from the department

Now the assessee wants to deposit the service tax so collected voluntarily, along with interest. Will any penalty also be levied while making such voluntary payment..? Kindly explain the penal consequences, if any.

Dear Experts,

We are Indian resident registered under Business Auxilary service and rendered service in abroad (in Chaina) for our Indian customer (Located in Taxable territory). Also raised invoices in India in INR.

Can we charged service tax to our customers towards service rendered in outside India .??? Please reply with sections in act?

An individual has a manpower recruitment agency? My query is whether
1.Is it liable to charge full service tax on the bill amt (which is generally 1 months salay of the person recruited)
2. Reverse charge mechanism is applicable vide Notification No. 7 dtd 1-03-2015 amending notification No. 30/2012 dtd 20/6/2012. and hence 100% service tax is to be payable by service receiver.
3.Or is it still 25:75 i.e only he should charge 25% of service tax

Hi,

Pls let me update by when service tax new rate i.e. 14% is going to apply.
Further,I want to know service tax reverse charge mechanism rules for year 2015-16.

Rgds,

hi all, can anyone tell me if an IT company providing services to abroad clients being here only.. what are the applicable provisions... and also as per place of provision rules...

Sir,

I Have service Provided in May 2015 and I Produce the Invoice in 1st June 2015

so what is my Service Tax Liability Incurred ???

One of our client to whom Rule 6 is applicable i.e Rs 50 lakh exemption to whom service tax can be payable on receipt basis.So if the service is provided by him before change of tax rate(before 1.6.2015) and bill done @ 12.36% so at what rate payment should be received?i.e 12.36% or 14%.
Please reply.

Dear Experts,

1. Service tax is to be paid as per point of taxation i.e as per invoice if payment is not received. However in case of assesses where service tax is to be paid on receipt basis (50 Lakhs or less in previous financial year), then in that case will service tax be paid if payment is not received? Is there any time period for non payment?

2. Also for the month of march, liabilty to be discharged by march 31st. What if subsequently payment is not received?

3. If service receiver does not pay service tax seperately, then amount should be considered as inclusive of service tax?

Regards,

Hello Experts,
I have a Question regarding Reverse Charge Mechanism on 2 Bills when Indivisual is providing services to Body Corporate :

Will Reverse Charge be applicable when only Repairing bill is there and material is been provided by body corporate in cases
1) Whitewash
2) Repairing of Motor Charges(Only Labour Charges)

Its Urgent..Pls Reply

IF SERVICE TAX PAYMENT IS DUE SINCE JAN 2013 & EVEN RETURNS ARE NOT FILED FOR THE SAME.
CAN THERE BE WAY OUT TO PAY ONLY PRINCIPAL TAX & IGNORE INTEREST COMPONENT TILL ISSUANCE OF NOTICE BY DEPT AS TAX AMOUNT IS HUGE

TILL WHAT PERIOD INTEREST@ 30% WILL BE CHARGED ONLY TILL THE PAYMENT DATE OR ISSUANCE DATE OF NOTICE.

WHAT OTHER CONSEQUENCES WILL HAVE TO FACE ?