We, manufacturer of textile goods (yarn) in MP state. We are purchasing power from open access (IEX) through licensee. Licensee has charged trading fee on daily basis based upon the power unit traded. In the bill of trading fee, he is charging service tax @12.36%. We are paying them the fee + taxes in advance. Power purchased in this transaction is not definite its generation point but power supplied using the lines of State Electricity Board. Can I avail the credit of Service Tax paid in this transaction ?

Dear Experts,

I want to know whether any penalty will be levied on late filing of ST 3 return, in case of nil return (ie) service has been provided but exempt from paying service tax (Exemption notification no. 25/2012).

Please quote the relevant section/rules along with case law.

Thank you in advance.

Dear Sir,
Whether Service tax rate @ 14% has been effective?
If yes then from which date it is effective?

Dear sir , we provide cab service(pvt.ltd) and provide cab service to some party in contract basis and we are taking abatement @40% but they are asking to take abatement as 50% . is it right we are in pick and drop facilities .

Dear Expert,

We are a commission agent & commission is our prime income. We registered under Clearing & forwarding agent service under Service Tax Act. In connection with F.Y 2014-2015 commission for the month of February & March 2015 has billed on dt.14.04.2015 including Service Tax & deposited the Service Tax liability on dt.02.05.2015. The value of Commission have taken income provision in the F.Y 2014-2015.

Am I make any mistake under Service Tax point or any other point of view ?

Am I suppressing Service Tax liability in the F.Y 2014-2015 & deferred to F.Y 2015-2016 ?

Please clarify the matter.

We have Rs. 5 Lac liability under reverse charge from december 2014, we have not yet paid this liability nor we claim this as input, i want to know adjustment how to show this liability in books and return?

Dear Sir,
Please whether the service tax is applicable on water taking through water tanker and monthly approximate value is rs. 25000/- PM.
kindly suggest me sir,
Thanking you
Warm Regards
S. Joshi.

In RCM service receipient has to pay 50% liability of ST. But if he pays more than 50% of total liability can service provider pay the balance amount or he should pay total remaining 50%

in which circumstances we can take cenvat credit of input or input services from date of issue of invoice within one year . please provide some example

Please advise me the notification no. under which the rate of tax 0.62% and 1.236% for air tickets for domestic and international travel respectively are advised

There was a max limit of Rs. 100 and Rs. 500 of service tax on air tickets for domestic and international travel respectively as per budget 2010-11 is it still applicable