whether service provider is liable to pay service tax on whole amount received,if service recipient liable to pay service tax has not paid ST under partial reverse mechanism.
For example, Mr X service provider & Mr Y service Recipient.
Mr X provided taxable service for 50lakh rupees. Mr X & Mr y each are liable to pay service tax 50% of the Gross amount. If
Mr Y( Service Recipient) has not paid the ST on 50% of the Gross amount, Whether Mr X liable to pay ST on whole Gross amount of 50lakh or on 25lakh Rupees.

kindly inform, as monthly rent i receive is rs.1,40,000/-pm, the tds deducted is 10% , by tenant, my total slab of it is 30%, what should be the service to be paid by me, is their any relation in deduction on income tax , also as 30% is allowed to be deducted as expenses in income tax what is the effect on service tax

Our company is registered as service tax provider,but from July notification of reverse mechanism charge it comes under the service receiver.

We have not paid service tax on service receiver & also file st 3 till date.

Now whether we have to register again as service receiver or not.

Also,if we we will pay st as service receiver against our certificate all the amt from july 2012 to till date & show this amt as current period in st 3>

The wholesale transaction viz., foreign exchange currency transaction between banks and authorised dealeers is exempt from service tax. Now, if cancellation charges are levied for cancellation of wholesale transaction, whether service tax would be applicable on this cancellation charges in light of the fact that original transaction was exempt transaction.

I hav applied for VCES and have received VCES - 2 from the department.

Now what is the procedure????

Reply asap

If an individual provides legal consultancy service to a private limited company, will it creates the tax obligation of payment of service tax by the service receiver..kindly help me

dear all
can someone please provide me list of services taxable under reverse charge (full or partial) prior to 01/07/2012

thanks in advance

Dear Experts,

Kindly give me suggestions in the below two questions

1)our company hire a bus for employee's travelling purpose, under reverse charge we have to pay service tax or not

2)our comapny doing the processing job work of shrimp(processing works like pealing and head removing), on this we have to pay service tax or not

kindly give me your valuable answars on the above discussion

Sir,
I want to know the Accounting entry when service provider is under RCM.
For eg. in case of WCT, value of services provided is Rs. 100 then with which amount we will debit the service receiver. Rs. 106.18 or Rs. 112.36?

Hi can anybody tell me how the payment of VCES is to be made.The client has got VCES 2, now 50% payment is to made.The deparment is not giving me a specified anwser.