regarding clarification on Service Tax Rate 14.28% or 16% including Swach Bharat Cess @2%,

Please solve my query
regards

Manish khandelwal

Dear all
for opting the service tax payment on the receipt basis. the receipt in the previous FY should be more then 50 lacs or less then 50 lacs

plz reply..

As per new rules introduced in Union Budget 2015, the rate of service tax is raised from 12.36% to 14% therefore removing Education cess and SHEC.please confirm it is ok

& Also suggest A Swacch Bharat cess @ 2% is will be charged on 14% Services Value . it is right . please confirm if our clacution is worng

Service Invoice Value Rs. 100.00
Service @14% Rs. 14.00
Swacch Bharat cess @ 2% Rs. .28
Total 114.28


please confirm regarding above calculation is ok

Manish

dear

Sir pls help me . how much percentage of service tax existing now?

Dear Experts, We are Indian resident providing service of clearing & forwarding agent and rendered service in abroad for our Indian customer. Can we collect service tax from our customers towards service rendered in outside india .???Please reply with sections in act?

Dear Experts,

Please help us in excess cenvat credit.

We have a quarterly liability of Service Tax payment but in 1st Qtr we have cenvat credit more than Service Tax payable and in 2nd Qtr ST is more than Cenvat.

Here we paid service tax in 2nd QTR not considering excess cenvat of first QTR.

Can we claim the refund of excess payment or carried forward the same to next return period. ????

Kindly share about the new notification regarding reverse charge in ST finance Bill 2015

Here are two option in ST-1 for Registration as follows :
(a) Person liable to pay service tax
(i) service provider
(ii) Service Recipient

(b) Other persons Class of Persons
(i) Input Service Distributor
(ii)Any provider of taxable services whose aggregate value of taxable services in a financial year exceeds 9 lac rupees

which one should I select as a Proprietor and as service provider where registration is for first time.

When I select (a)(i) & (b)(ii) A msg comes on screen " If category of registrant : Any service provider of taxable service whole aggregate value of taxable service exceeds Rs:9 lac is selected then other category of registrant cannot be selected"

Dear Sir/Mad'm

Please clarify whether Payment of Service tax in same challan can be allocated to Interest or we need to specify in the Challan seperately as pertaining to Interest on Service Tax?

A Pvt Ltd. company having subbrokership of a broaking firm. The company having brokarage above 10 lacs p.a. Is the comapny liabile to service tax Registration? Is the company submit the bill to the broaking firm with 12.36% service tax? Pls cleare me.