Suraj Singh
01 July 2013 at 18:20

Registration of service tax

A Private Limited Company has recently started its business and the turnover is much below the limit of Rs. 9 Lacs.
They want to get themselves registered under service tax immediately.
Can we do so?


phani ram

Sir,
I am phani. can we take the service tax input for the services on which the provider had used the abatment.
Suppose a transporter charges 40000 for the service and the abatment is 75% so the taxable value is only 10000 rupees. so can we use the st of 1236 as ST input.



Anonymous
01 July 2013 at 16:29

Sale of ip

We are a company in Bangalore, which is into creation of IP in the field of software technology. One of our IPs has come to a stage where we are in talks with companies in India for the sale of the IP.

What I would like to know is :

What are the taxes that are applicable if we sell our IP?
Are we liable for service tax?
Are we liable for sales tax, and if so, at what percentage?

I would appreciate an early reply to my query.


divya barola
01 July 2013 at 14:55

Service tax invoice

Isn't quoting of Service Tax Registration Code on the Invoice a mandatory requirement?
Does quoting of PAN suffice this requirement?
Can an assessee claim Input Tax credit of such an invoice?


GOPALA KRISHNA

Dear All

We are availing abatement on RSP goods as per Section 4A. In this case freight is included in RSP.

In this situation, can we avail CENVAT credit on service tax paid on outward freight amount.


ashwani
01 July 2013 at 13:55

Date of filling of service return

what is the date of filling of service tax return ?


Santhoshkumar Venkatachalam
01 July 2013 at 12:37

Service tax deduction

First year professional receipt cross 10 lakh rupees..so i have to collect service tax..next year receipts only 9 lakh rupees..what should i do now..?whether collect or not..?


hemlata p. soni
01 July 2013 at 09:11

Turover exceed more than 9lakhs

My client is already cross the limit of turnover from last 2 years but he has not taken service tax no. suppose now he take service tax no, then he has to pay service tax for last year also or he has to wait for intimation from service tax department.Still today, he has not recover any service tax from his client.

please give on urgent basis.


Pratik B Pandya

whether service tax is levied on subletting of immovable house property on Cost to cost basis or subletting of house property may contain profit margin ?



Anonymous
30 June 2013 at 13:26

Limit for service tax exemption

I have opened a new company on 14 feb 2013 n got an order amounting to about 18 lakh in the same. Please note I had made only one invoice in the financial year in date 30/03/21013 for which the payment get credited to my account in April 2013 now please clarify

1. Am I liable for mandatory service tax registration in last financial year?

2. Please mention the limit for exemption in service tax in present financial year.






CCI Pro



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