Professional service provided in the same premises by two or more individuals under the same firm name and these individuals having their own separate files and billings,would service tax basic exemption limit of Rs.10,00,000 be applicable to all the individuals and firm seperately
Eg.Firm has three partners
GTI Firm - Rs.10,00,000
GTI Partner 1 - Rs.10,00,000
GTI Partner 2 - Rs.10,00,000
GTI Partner 3 - Rs.10,00,000

Can the benefit of basic exemption be availed by all, given the billing and file bifurcation is made in separate names

Hi....
i am insurance brokers having registered with insurance companies like icici, hdfc etc and having agreements with the companies.

i would like to know the applicability on service tax if i raise invoice to companies & gross service amount is more than 12 lacs

an early reply appreciated
thanks & warm wishes for new year

Happy new year... plz suggest me best book for self study of s.tax(ca-final) waiting..... thanksss

we have formed one trust also have 12A Registration from income tax. one month ago we have conducted one exhibition in the name of trust while through this exhibition we have received rs 90 lakh as sponsorship income rs 20 lakh as stall rental income but we have not collected or paid service tax on that income

whether trust will covered under the mega exemption list?

i will expect from you detailed report on the above situation

Dear Experts.,

I am a welding labour works concern proprietor.my yearly turnover is Rs.17,45,000.00 and then I am received house rental income yearly Rs.98,500.00.
My doubt is I am pay to service tax ? ? how ?

Wish u happy new year 2014.

we have formed one trust for general public utility, we have received some income as sponsorship, service tax applicable for that income?

Respected Experts,

Our company is a Rice Manufacturing company. We have contract with various contractor to complete our tasks i.e. packing of rice in bags, loading and unloading of bags in trucks etc. contractor is liable to arrange labour and to execute the tasks provided to him. we are paying on per packed bag or per loaded bag basis.

I want to know that whether there will be any service tax liablity on us as this will not come under supply of manpower or works contract.

Please guide me.

Thanks

Dear All,
We have filed service tax return for Oct-March,2013 on 30/11/2013 without being paid any penalty for late filling of Service tax. But Now We want to pay this penalty. Whether we are supposed to pay Penalty upto 30/11/2013 or till the date of payment of penalty?

Thank you all in Advance.

Regards,

Sir

i have a business of finance & insurance behalf of some banks & insurance companies.
iam a authorised agent of banks ,
iam achieved my slabs & bank paid my commision on monthly basis after deduct TDS.

iam not raising any bills to customer so please confirm how iam calculate my service tax.
iam registered my ST as a banking & financial services in ST1.

one of my client opted for VCES Scheme is to pay service tax from 01.01.2013 to 31.12.2013. we are paying both Service Tax and Interest. Wether penalty has to be paid for Non-payment and Non-filing of return. or penalty is not leviable until a show cause notice is issued.
Thanks