We are Recovering Agents for Various Banks. Our services include possession of properties mortgaged to NPA accounts and bring it them for sale. Though we have registered under Service tax, there is some view that we need not collect service tax for our various services to banks and to remit the same to the deptt. But the same will be paid by Banks itself as in the case of transporters. Kindly clarify the above subject whether it is correct or otherwise. Thanks.

will it be possible to raise the tds entry also in purchase voucher along with service tax. if so pls let me know the procedure such that the payment should take the effect exactly the amount to be paid to the party.

Sir,
A firm had issued an invoice against the service we purchased on hire by the end of the month. That service includes Service Tax and while making the payment TDS we deduct and pay the remaining balance.

Now my question is i raised the same invoice in tally under Purchases Account. In the same invoice can i show the TDS also to arrive at the exact value of payment to be made using F5. I tried to do that but TDS was not properly been auto calulated. can any one of you advise me?.

In the above issue is it right to raise the inovice under purchases or can we raise a voucher by F7 (journal).

Respected Sir,
I have paid excess service tax of Rs 89,000/-. Can I adjust excess service tax paid in my next service tax payment.

Time limit for submitting revised return has been expired. I have not filed the revised ST3 return. Can i adjust the excess payment made in my next service tax payment

hii..

i have a coaching institute in chandigarh having head office in punjab. now i need to get registration under service tax, my query is whether i should get registration of head office(punjab) or branch office(chandigarh) .my head office has zero turnover and all turnover and billing is of chandigarh branch

please help.. and thanks in advance.. :)

we have given contract for bldg repair / civil works. so how much service tax to be pay able by us on labour contract amount paid to contractor under reverse charge mechanism. and we shall take that amt as input set off or not. pl reply.

Our company normally order for printing of some type of forms, Booklet, Newsletter from one of the printer (Who is a partnership firm).

Printer uses their own material(papers) & print them according to our company's instructions. Further he charges MVAT on total invoice amount.

My Question is, whether Our Company is liable to pay service tax on above printing works under RCM.

Please clarify.

i have to receive a bill for avdertisment 100000, service tax calculate on 100000 how much amount pay to party and how much tds dedact and how to paas entry

Dear all
A service provider collected service tax from receiver even though he is in exemption limit of 9 lacs for the first year as he not aware the applicability.
Now is he need to pay it to govt.? or return to service receiver? or can he retain it with him?

Plz clarify

The resort falls under the service tax act and food served in the restaurants is charged service tax at abated rate.
Is service tax applicable on food served in rooms having air condition facility?

My query is

Is service tax applicable on in room dinning