My feburaury month cenvat credit of Basic service tax Rs 10,000/-, Edu cess 200/- & High edu cess Rs 100/- . my question is that as per budget of 15- 16 can utilize total service tax amt in excise or not ??

Or i should only use basic service tax for excise??

Waiting for feedback

I have a question sir There are two co. belonging from same group(but no shares of each other co. hold by any of the co. ) One co. produced & sold electricity ( but co. who supply electricity is a paper mill & sale electricity to one co.only) to other co. but not charge service tax on its bill Is co. contention is correct for not charging the same

hello everyone. i want to know that 2% Cess(swach bharat) is proposed in this budget.. can anyone please tell me that will it applicable on all services and how will be taxed..

When will be the new rate of service tax as per budget 2015 be applicable?

Dear Sir,
A Private Limited Company engaged in software and Application testing and registered as Service Tax Assessee in the category of Technical Inspection and Certification Agency Service.

The company received a business from foreign customers. The company doing some testing service and raised an invoice in USD without charging service tax.

The company claim for not charging service tax is, the service is an export of service, since the service receiver is in foreign country, invoice raised in foreign currency and payment received from customer also in foreign currency.

Query:
1. The service was testing of software, this service was done in India, after completion of service the invoice was raised in USD. Kindly clarify, the place of provision according to Place of Provision of Service Rules?
2. Kindly suggest, whether service tax is applicable in this case?

how to compute exemption limit of 10 lakhs in case of works contract where service provider is liable to 50%

Hi,

One of my client is engaged in providing output services.

is he eligible for Cenvat Credit against TALLY ERP AMC Charges for the software used for recording accounting.

Thanks in advance for your expert comment.

One of our clients are engaged in construction of residential complexes. They have not filed their ST-3 from FY 2009-10 onwards. But they have paid their S.Tax dues timely after considering the CENVAT credit on input services received(payment to sub contractors). Please suggest Whether we can online file their service tax return ???

Please do enlighten me on following aspects

1) Mr. A carries on business of buying & selling tickets – of Airlines , Railways & Long route Travel Buses .
He gets discount from the Main Agent ( say IATA agent for Air Tickets ) & after adding his profits , sells the same to customers .
The Service Tax Act puts ‘ Trading of Goods ‘ in the Negative List , i.e., not liable to Service Tax .
The Same Act defines ‘Goods’ as follows :
“ Goods ” means every kind of movable property other than actionable claim and money ; and includes securities , growing crops , grass and things attached to or forming part of the land which are agreed to be severed before sale or under the contract of sale .
Can one argue that his business is of buying & Selling Tickets ( which is a Movable Property ) , he is not liable to Service Tax ?

2) In a case decided by Ahmedabad Tribunal , the following remarks form part of judgment :
THE term ‘ Trading ‘ means the act of buying and selling . It involves the selling of goods in the same form as it was purchased .Thus , no further processing is done thereupon .
Though , the term trading activity has been included in the definition of the exempted services ; yet it is not explained as to what will be counted as a “ trading activity “ . In common parlance , trading activity is the sale of goods in the same form as they are purchased . Thus , if any goods that are purchased are sold as it is , it will be termed as trading activity .

Hello everyone,
One of my client is providing job work in relation to diamond cutting. Will he be liable to pay service tax if the turnover exceeds the prescribed limit?
Thanks in advance.