iam doing ca final my attempt is Nov 14 ....can u suggests me indirect tax self study is enough or going to class is better ....if self study is enough plz suggest some good books.....

A private ltd company in Bangalore has not filed service tax since 2006 though covered under service tax and re-invested all amount in business. However, they suffered losses and are not in a position to pay service tax now which has so far accumulated to the tune of 30-35 lakhs without interest & penalty .They cannot opt for VCES due to lack of funds, have not received any notice so far. What are the consequences in order, that is, lets say if they receive a notice from service tax deptt., will they be right away arrested or be given a time period (if yes, how much and in how many installments) to pay back the tax dues. Will it be the same if they decide to wind up the company or is there any exemption for companies declaring themselves as Insolvent? What can be the best resort for them?

MY Client is Dentist Running a Dental Clinic He Provides Consultancy as well as
Providing all Dental Services, Making,and
Planting of Dental, Whether he is covered under Service Tax, and What will be Rate applicable to Him

S N Trivedi

income chargeable in the income tax return as per accrual basis .When Income accrued it was exempted under service tax but at the time of receive of that income it is covered under taxable service whether it is chargeable to service tax in the year of receipt or not ?

One of my client is manufacturing Cycle & it's related accessories, and he had given some works contract for intermediate inputs which were used in the manufacturing of final product, but the service provider is not charged any ST on works contract.

My Doubt is whether this transaction fall under ST-Reverse Charge purview, if yes how i can account this transaction and what's the percentage of ST payable by our client.

A Ltd. produces wind energy which is not excisable. For production of wind energy, it requires Wind mill.
A Ltd. engages job worker, B Ltd., for manufacture of wind mill and supplies all the necessary raw materials to B Ltd. for manufacture of same.
B Ltd. undertakes the job work and does the necessary fabrication and manufactures the components of wind mill & erects & commissions the wind mill at the site of A Ltd.
Wind mill is exempt from Excise Duty vide Notification no. 12/2012-CE.
I understand:
No service tax is payable on ‘any process amounting to manufacture or production of goods’ by job-worker, as that activity falls under the negative list under Section 66D (f) of the Finance Act, 1944. Also, Sl. No. 30 (c) of notification no. 25/2012-ST dated June 20, 2012 exempts ‘carrying out any intermediate production process as job-work in relation to any goods on which appropriate duty is payable by the principal manufacturer’.

In view of the above, kindly advise whether B Ltd. is liable to pay service tax

My office is 145 sq. ft.. Monthly Maintenance is Rs. 968 /-.
as
Gov. Tax ( Municipal Tax / Water Charges ) Rs. 515 /- p. m.
Other maintenance Rs. 453 /- p. m.
Society wants to take Service Tax from 2007 to 31.12.2012 as Rs. 12,180 /- from me. Four to five members are having big offices and their maintenance is Rs. 10,000 / p. m..
My argument is that if maintenance is less than Rs. 5,000 /- per month per office or residential house, it is exempt from service tax. Big office more than Rs. 5000 /- maintenance are liable. They say that because four are having big offices, all have to pay. Is is true ? They want to take VCES benefit.
They want to levy ST from all say 130 members Rs. 30,00,000 /- from 2007 to 31.12.2012

Individual providing services to mentor & fitjee classes as professional w.e.f 1/06/2012 till date. Whether the service provided in june 2012 (-ve list come effect from 1/07/2012) is taxable or exempt, also exemption of rs 10 lack is available under vces scheme 2013 or not.

my client cac is a contactor and did works of locating underground water points,transportation of drilling machine from one point to another point,drilling of 6.5" bore hole, fixing pvc pipe to bore hole ,erection & commissioning of submersible pumps etc.He did not supply any kind of materials required for bore wells.
He billed Rs.15 lakhs to Co. for the above work for fin.year 2010-11 & he has not received any service tax from Co.

1.Now let me clarify whether he is liable to pay sevice tax for the above work?

2.if so,can he pay under VCES?
NOTE: FOR FIN YEAR HIS ALL GROSS RECEIPTS amounts to Rs.15 lakhs only.& not received any service tax from Co.

Am I liable to reverse charge if a company has agreed to distribute my products in public for free under no other obligation. If yes from which period reverse charge on sponsorship is applicable as I my ST Auditor has shown notification which states reverse charge liability on companies for sponsorship services from FY 2010.