We have providing C&F service of Rs.732726 in the year 2012-13 & Rs.14,52,068 in 2013-14. We have taken service tax registration on 25th Feb 2015 & to be deposit in current date.

We are going to deposit the service tax liability, please tell whether Service Tax to be pay on value Rs.732726 in the year 2012-13 which the under the Rs.10 lakh p.a & S.Tax liability to be deposit @ 12.36% of @ 14%.

Regards,

I am having confusion about service tax of 14 percent is effective from 1-3-2015?if not from when on wards this applicable.


Can Any one help me?

hi, i would like to know what will be effect on reverse service tax. we pay reverse service tax on the transport facilities which we use for employees.

as per budget 2015, man power supply services service receiver now have to pay service tax , from which date it will be appplicable.

Dear expert.
i am service provider and in forth quarter FY 2014-15, i have raised only one bill rs. 200000/- and the service tax payable 24720/- as per my books of accounts

but the debtors will pay this bill amount in may 2015,

my Query is. will i have to pay this ST amount 24720/- before the due date 5/4/2015
from my own money and the debtors will pay this bill in may 2015/-

kindly reply soonest...

Hello,

Can any one please let me know what would be the tax implications on sale of flats by builders after obtaining certificate of completion from a competent authority and the entire consideration for sale is received after obtaining such completion certificate..?

Will it be treated as sale of stock in trade?

what tax liabilities arise to such builder on such sale?

Before obtaining completion certificate the builder is liable to pay Sales Tax along with service tax and VAT?


Thanks and Regards,
Manasa.

GOOD MORNING EXPERTS,
WE HIRED A BROADBAND SERVICE PARTY NAMED SUPER BROADBAND).BUT HE DID NOT ADD SERVICE TAX IN THEIR BILL.WILL WE DEPOSIT SERVICE TAX BEHALF OF HIM

current service tax rate is 12% service tax + Education cess 3% = 12.36%

New proposed service tax rate is 14% is included service tax or service tax 14% + education cess 3% = 14.42%
or
included service tax + Education cess = 14%

suppose a new company is taking some services regarding website & software and the bills are raised including service tax and the company doesn't want to pay service tax and want to take shares it is possible

Service tax rate has been increased to 14%.
And the swacch Bharat Cess which is 2%.
The question is how to add cess on service tax or on Service value??
Which of following is correct?
A) 14%+2% = 16% or
B) 14%+2%(14%) = 14.28%