MY CLIENT IS A TRAVEL AGENT. FIRST HE IS BOOKING TICKET IN BUS THEN COLLECT CASH AND AT THE END OF DAY HE IS DEDUCTING HIS PERCENTAGE CHARGE AND REFUNDING REST AMOUNT TO BUS OWNER. IS HE LIABLE FOR SERVICE TAX? IF YES ON WHICH AMOUNT? WHAT ABOUT INCOME TAX? PLZ EXPLAIN WITH NOTIFICATION OR OTHER PROVISION.

THANKS IN ADVANCE

We are in printing business and have our own premises for manufacturing. Apart from printing business in the premises we have given some area of the same premises on rent to an fmcg company and collect service tax from them.

We also give service tax on repair & maintenance of machineries, phone bills, freight inward , freight outward, labor charges etc.

My question is that whether we can take the credit of our business stax to write off the stax of rent of the same premises.

If not, then can we go on taking the credit of the service tax paid on business activities and whether it will go on adding or can we apply for refund anytime.

Hi Experts

Can you please tell me what is the accrual basis of payment and receipt basis of payment in service tax with example.

In manpower supply services , if the service provider charges service tax at 12.36% (i.e at full 100%), then is the service receiver still required to pay 75% of the service tax ?

Dear Sir,

I would like to know whether Cess of 2% & 1% is applicable on Interest for delayed payment of Service Tax & Penalty for delayed payment of Service Tax.

Further when i make the online payment in the website there are codes for cess specifically mentioned for Interest & Penalty.

Please share your expertise at the earliest.

Dear Friends,

I have ammended ST-1 of my client but that ammended ST-1 further requires modification because of some clerical errors inserted by me erroneously. So can any one please guide me how to modify the ammended ST-1?

is service tax applicable on transportation of dry fruits in GTA service??

Dear Sir,

A pvt. ltd.co. receiving security services and all service tax i.e. 12.36% charged by the service provider but under reverse charge the said co. also liable to pay service tax.

So, please tell me in detail about this problem.

Can a manufacturing company take Accumulated service tax Credit of Last 2 years to set off it's Service tax liability ? Will it make any difference if it has not shown the same credit lying to its asset side in balance sheet in the Service tax returns?

Dear All,

Please guide me that under which section/board circular/notification we can take credit of service tax on bank charges.

Thanks in Anticipation