please tell me the penalties levied under ST (all interests and penalties)

For a company as a serv provider,in the m of sep13, serv tax bills raised by Co.is :
Amt raised Rs.45000
Add: serv tax 12% Rs. 5400
Add: Ed cess 2% Rs. 108
Add: H Ed cess 1% Rs. 54
-----------------------------------
TOTAL Rs.50562
===================================
Output serv tax above is Rs.5562

For the same period, serv tax bills received by Co.is :
Amt raised Rs.60000
Add: serv tax 12% Rs. 7200
Add: Ed cess 2% Rs. 144
Add: H Ed cess 1% Rs. 72
-----------------------------------
TOTAL Rs.67416 ===================================
Input serv tax above is Rs.7416

Query:
Since input tax credit is more that output tax, I have not made any payment. But how to show it in serv tax return as it is asking for challan sheet to be completed.
Pl guide.

Dear expert,

if Our business gross receipt is Rs under the 9 lakh for the whole financial year the can we lade the service tax to our customers according to Rule of ...

Registration Section 69 Rule/ 4(1) of STR 1994
please guide me on this topic

i have filled my service tax return(period from july-sep)but system rejected my return due wrong selection of constituion(i.e individual in lieu of partnership)

my question is

1)can i opt scheme under VEAS
2)or file revised return
3)or any way from which i have save my panalty of late filling of return

We are providing BAS services to colleges & University. Nature of service is Processing of various exam results. As per Circular 172 dt 19-9-13 Services to educational institutes are exempted. Our Query is Are Service provided to University are exempted or not. Sanjay Bulakh

Dept. is issuing SCN to simcard/ recharge distributors for service tax not paid on difference of MRP and distributor price for four years ( 2008-09 to 2011-12). Is distributor liable to pay tax? If liable, can the telecom company take CENVAT for 2008-09 to 2011-12 now.Pls give relevant provisions and case laws if reported.

i want to know that when a service provider issues a bill inclusive of service tax in a work contract then service receiver(person liable to pay partial service tax) have deducted the service tax also while paying the bill amount. but service receiver is liable to pay service tax (partial) so he should not deduct the service tax of his part.

Suppose a service received an Invoice from Service provider with following details-

Service Provided Rs. 18000
Service Tax Rs. 2225
Total Rs. 20225

Now service receiver has paid to provider Rs. 18000 in full and final settlement.

Can the service receiver claim Input Service Credit of Rs. 2225 while providing service in future?

Or will service receiver assume Rs. 18000 as inclusive of Service tax and Take credit for Rs. 1980 by back calculation??

What is the rate of Service Tax applicable to Travel Agents earning through commissions for :
a. Hotel Accommodation Booking
b. Tour Packages

Folks,

Please do let me know, whether interest on loan paid to foreign bank(not located in India) or the associate enterprises (whose place of business is not in India) is taxable in service tax under Rule 2(1)(d) under reverse charge mechanism as per Rule 3 of place of provision rules.

if so, please cite the relevant notification or circular for update

thanks and regards.