Is service Tax registration Limit extended from 10 Lakh to 20 Lakh?
EXPERTS,
We are receiving Advocate service of Rs. 10,000/- in a year of which we are liable to pay service tax of Rs. 1236/-, according to reverse charge mechanism.
My question is for only Rs. 1236/- service tax for the year we have to take new registration number and also required to file service tax return.
Cost of which is equal to Rs. 10,000/-.
Seems to unfare.
Hi,friends
Our client is Logistics.The main objective is providing service to customers who generally import goods from abroad.The client will see the formalities to be completed at Port and deliver goods at customer place. For this he will hire transport for transferring goods from port to customer place.Here transporter is issuing invoice with out service tax component to the client i.e logistics, and our client is also not paying service tax to him on transport charges.And he is also not charging service tax on transport to his customers.In this case who is liable to pay service tax and at what rate ? is there any abatement..? Please post u r phone number for further clarifications
Sir/ Madam,
I would like to know the solution of my query stated below:
If part payment is received after completion certificate is received; then is the builder liable to pay service tax on that part payment?
Company paid Pest Control charges to Municipal Corp.of Greater Mumbai ( MCGM).Whether this will come under reverse charge.
Respected Sir,
Latest Ammendments & Schemes in Service Tax, including negative list..
Sir
I am a practicing CA and my gross receipts for FY 12-13 is Just below Rs 9 Lakhs. As per the service tax rules I am liable to take ST registration when the turn over exceeds Rs 9 Lakhs.I expects that this financial year, ie,2013-14, my turn over exceeds rs 9 Lakhs.In such a case when Iam liable for ST registration and to pay service tax .In next year( FY 2014-15) whether I am laible to pay Service tax for the entire receipts or in excess of Rs 10 Lakhs. Please advice
Rgds
Hi all,
can anyone please help me out on following issue i am facing.
Say there are number of companies in a group.
Take example of Reliance/Tatas/Birlas group.
They have, insurance , finance , realty and what not.
Say they have corporate office for all those companies at one place.
Say one of the group companies incurs all the common expenses as follows and get them reimbursed on some basis at cost from all other group companies
Expenses.
1.Salary of Employees
2.Maintenance of HO
3.Common Logo , Brand building Exp,
4.Common Traveling & Conveyance
5.and other expenses which are not specifically allocatable to a particular group company but all the group companies are enjoying the benefit of the expenses.
While the company which is getting the expenses reimbursed from other group companies,is doing so at cost without making any profit , IS SERVICE TAX APPLICABLE ON SAME???.
Whether any abatment is available to Educational Instution when they provides auxiliary eduaction services like transportaion of student by bus??
I read the following Example some where .
There is A a contractor who construct the building
for B.A is purchase material from c . example as below to found taxable value on which service tax is charged
Gross amt. received by (A) excluding taxed Rs.95,00,000
Add: Fair market value of goods supplied by the service receiver excluding tax Rs.10,00,000
Less : Amt. charged by service receiver for such goods or service received by service provider Rs.5,00,000
The taxable valu is Rs. 1,00,00,000
Now in above example ,the service receiver is B .But in the line "Fair market value of goods supplied by the service receiver excluding tax " who is service receiver ? and in the line "Amt. charged by service receiver for such goods or service received by service provider " who is service receiver and service provider ?Plz explain me above example.
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Service tax limit?