Hi,

Is service Tax applicable on Interest or Finance charges

Bank has levied service tax on Interest/Finance charges charged on Credit card delayed payments

Can any one confirm is this withing Service Tax laws

I am practising chartered accountant coming within the ambit of service tax. I am paying service tax collected on my professional income only. I am getting rent from residental property.Is service tax applicable on rent received at the rate of Rs.10,000/month.

Sir,

My client's aggregate value of taxable service exceeds Rs.9,00,000 and he get registered in the aces.

My query is that, the service tax is to be paid on the amount which is inclusive of that Rs.9,00,000 or amt levied after the service tax registration.

Pls tell me

as a service receiver, service tax on gta was not paid for the last year for the month of march 13 ( arrears). if we paid service tax now. and what about the service tax return should we revise service tax return for the last year?????

Can an assessee set off CENVAT credit of service tax paid against its liability to pay service tax under Reverse Charge Mechanism? Please advise urgently.

is there any implication if full amount of tax is deposited by service receiver who is covered under reverse charge mechanism??

why jewellers don't charge service tax on making charges of ornaments and instead of service tax they charge vat

Query: What is the taxable event in the following cases for Builder

1. Advances received, however construction not started ( means no services have been provided) nor agreement for sale entered

2. This is more practical where Builders enters agreement under 20:80 scheme, where 20% Advance is received and Agreement is executed and balance 80% amount is due and receivable at possession.

In this case whether Service tax would be payable to the extent of
a) Only on 20% of Advance ( being recd) at the time of receipt and bal. 80% on possession
b) 100% of agreement value ( Since agreement entered) - though services are not provided in full

Kindly request your response, as this is practical case of my client.

DEAR SIRS
ONE OF MY CLINT IS IMPORTING GPS DEVICES AND PAYING CVD AND SELLING THESE DEVICES TO SOME CUSTOMERS AND ALSO LEASING THESE TO ANOTHER CUSTOMERS AND ALSO PROVIDING VEHICLE TRACKING SERVICES FROM THESE DEVICES.PLZ TELL WHETHER HE CAN TAKE INPUT CREDIT OF CVD PAID ON IMPORT OF DEVICES AND HOW MUCH.

Canteen operated by contractor at factory premises for employees. It is liable to service tax?