i am lorry broker, bill payment date 21/11/15 Rs.31625+61200 , i will payment tax on 20/04/2015 than how many days late and interest have to given

All dear sir , we provide cab service to co. like HSCL , mittal if any party says don't charge service tax as they will pay then in this case should i charge service tax or not ?

Dear Experts

Greetings of the day.
As per notification No . 7/2015 Dt. 01.03.15, w.e.f from 01.04.15 Service tax on manpower/Security services ,100% paid by a body corporate if receives from individual/ firm.
will the 100% service tax paid by a body corporate from april 15 (bills pertains to mar 15) 0r
bill received in may 15 (bills pertains to apr 15)
Kindly clarify
Thanks
Ankush

I received 2 invoices for payment processing...both are seprate..one is for Material received at site in which VAT is Charged on Goods..Second invoice is for labour chgs also includes amount of service tax @ 12.36%.Nature of bills are of AMC Work.

My query is whether it will be covered under reverse charge mechanism for deduction of Service tax to be deposited by receiver in propotion of 50%

Sir / Madam,

please let me know whether we should consider service tax for the invoice raised towards internship program.

Because whatever payment is received towards that invoice will be paid to the students as internship payment(except 3% as commission.

Thanks & Regards

Sir

New F.Y has been started and i m still confused what rate of service tax, I should apply 12 or 14% please confirme me the current rate of service tax.


Thanks & Rgds

Mukesh Kumar Sabri

DEAR SIR/MADAM

MY FRIEND IS A DIRECTOR OF PRIVATE LTD COMPANY. ONE OF ITS BUSINESS IS TO COLLECT INSURANCE PREMIUM(VEHICLE/ GENERAL INSURANCE)ALONG WITH SERVICE TAX ON THE PREMIUM. THE COMPANY COLLECTS THE PREMIUM FROM THE INSURED AND REMIT IT TO THE COMPANY'S BANK ACCOUNT AND THEN TRANSFER THE SAME TO INSURANCE COMPANY.

FURTHER HE IS NOT GIVING ANY RECEIPT/ACKNOWLEDGEMENT TO THE INSURED FOR COLLECTING THE AMOUNT. BUT THE INSURANCE COMPANY IS GIVEN THE SAME TO THE INSURED.



IN THIS REGARD MY QUERIES ARE

1) ON SUBMITTING FORM ST-3 (SERVICE TAX) WHETHER THE WHOLE AMOUNT RECEIVED FROM THE INSURED (PREMIUM + SERVICE TAX) SHOULD BE SHOWN IN THE FORM (SL. NO. B1.1 - PAGE PAYABLE SERVICE). OR ELSE HE NEED TO SHOW ONLY THE COMMISSION THAT IS RECEIVED BY THE COMPANY FROM THE INSURANCE COMPANY?

2) WHETHER HE NEEDS TO COLLECT/REMIT ANY SERVICE TAX FROM THE INSURED/INSURANCE COMPANY FOR THE ABOVE TRANSACTION?

3) IF YES UNDER WHAT BASIS?

THANKING YOU IN ADVANCE

We are running a Hotel having a franchisee of Best Western and we are paying them yearly Fees on which service tax is charged from us.
Now the question is whether we can take cenvat credit of Service tax paid on franchisee fees from service tax due on booking income from Hotel rooms and from restaurant.
Another thing is that we are paying service tax on
Rooms- @60% of 12.36%
Restaurant- 40% of 12.36%

Pls advice.

Dear experts,

We provide job work to a manufacturing organization against 57f4 challan from starting of my business. i m only provide job work against 57f4 challan my annual turn over from job work is 60 lakh, then we need to registration under service tax or not because service tax exempt for 57f4 challan.

Thanking you,

Please tell from when the new rate of Service Tax i.e. @ 14% will be imposed.