1) MY CLIENT HAS HOTEL BUSINESS WHICH IS ON RENT ( I.E HE HAS TAKEN THE HOTEL ON RENT) IS RS 1000/- EXEMPTION LIMIT IS APPLICABLE TO HIM OR NOT?
2)IS 60%-40% RULE APPLICABLE TO HIM?
3)CAN HE TAKE CENVAT CREDIT ON PROFESSIONAL FEES AND RENT PAID BY HIM????
4)please advice what exactly should be done.

1) MY CLIENT HAS HOTEL BUSINESS WHICH IS ON RENT ( I.E HE HAS TAKEN THE HOTEL ON RENT)
IS RS 1000/- EXEMPTION LIMIT IS APPLICABLE TO HIM OR NOT?
2)IS 60%-40% RULE APPLICABLE TO HIM?
3)CAN HE TAKE CENVAT CREDIT ON PROFESSIONAL FEES AND RENT PAID BY HIM????

Hi,

I need a memorandum of association of the Computer hardware company & Objectives?

please suggest

suppose a service receipient in case of transport of goods by road service receives a bill dated 12/02/2013.but they make the payment on 18/03/2013.now whether service tax shall be charged for the month of feb or for the month of march?

Dear Sir, Good Afternoon. I am working in a manufacturing unit (Automobile tubes). We are paying GTA for transport of goods and then taking the GTA amt. CENVAT credit everymonth. Why the transporters not paying GTA ? As per which Act & Rule we are doing so ? Please suggest.

Dear Expert,

I am new to Service Tax Matter. Was goimg through RCM Notification no 30/12 where point no 7 says Rent/ Hiring of any motor vehicle designed to carry passenger on "abated value = 100%" & "Non Abated
Value= 40%" I want to know what Abated Value means? Any fixed amount value is given for Abated & Non abated Value? Please Help.

As per new reverse charge mechanism (notification no 15/2012-ST dated 17-3-2012) where under work contract service if service provider charges full amount of service tax instead of 50% then what is the liability of service receiver ???????????
Because in my case the service receiver has taken the whole bill amount including service tax as his cost..........??,,

Since 1/7/2012 a service is taxable if it does not fall under the negative list and if it is provided or deemed to be provided in taxable territory.

However, in RCM it is mentioned that if service provider is in non taxable territory and service receiver is in taxable territory, then the service tax on the services received is payable by the receiver.

Does this mean that if services, whether taxable or under negative list or exempt or provided in non taxable territory are received by a business in India from a provider in a non taxable territory, the same would be subject to service tax?

Eg. if a person goes on business tour abroad and avails of following services:-
1) Hotel room above Rs.1000 (taxable in India but by place of provision rule not taxable as in non taxable territory)
2) Metered Taxi (Not taxable in India under negative list.
3) Eating food in a/c restaurant (taxable in india but provided in non taxable territory as place of provision requires the presence of individual. In India a foreigner would also be charged service tax by provider for such service)

Although these should be exempt, is the RCM also applicable for services that are determined to be not taxable if received by Indian businessman from foreign provider in non taxable teritory?

Sir,

I'm a authorised two wheeler dealer in Shimoga. Assuming I have the basic exemption limit, I've not registered nor collected service tax.

Recently the department official called me and demanded that I pay the service tax from 1st invoice.

I came across a reply by a Mr R.V.Rao on the same issue on 19th October 2007 in your site.

Please clarify whether I have the basic exemption limit.

Sir Please Help Me

what is the Interest & Penalty of service tax in financial year 2009-2010
& 2010-2011 & 2011-2012,
please clarify this
very urgent & need full
it will be very help full for me sir/madam