Whether service tax leviable on Plot sale?
A mfg. company has sold plastic sheets & done fabrication work on the requirement of client. fabrication includes cutting & Counter hole.No prior such activity has been operated in the company. Consideration of fabrication is Rs. 3.0 lacs & invoice has been issued for the same. Pls advice, Whether service tax applicable in due course?
Whether service tax credit allowed ? If service tax paid on GTA(Reverse charge) for procurement of Capital goods for the purpose of civil structure ?
DEAR SIR
WE ARE PVT LTD CO. REGISTERED IN SERVICE TAX FROM JULY 2007 AS SERVICR RECIVER. SHOULD WE AMED OUR REGISTRAION CERTIFICATE UNDER NEW RULE OF REVERSE CHARGE MECHANISM NOTIFICATION OF 48/2012 DT 30.11.2012
THANKS & REGARDS
RESPECTED SENIORS,
ONE OF MY CLINTS, HAS DEPOSITED SERVICE TAX IN WRONG ACCOUNT HEAD BY MISTAKE, WHAT ACTION MUST BE TAKEN. WHETHER, HE SHOULD APPLY FOR REFUND OR MAY BE ADJUSTED BY INFORMING TO A/C OR D/C.
EXPERT OPINION IS URGENT REQUIRED WITH REFERENCE OF RULE OR NOTIFI.
THANKS.
RAJEEV GARG
CONSULTANT
A proprietorship firm working in designing of book contents with total business of Rs2.0 lakh per annum is already registered with Service Tax Deptt. and having a current account too, want to surrentder ST2 since there is a no requirement to have a ST2 required for the business less than 10.0 lakh. Can a firm continue the same business, company name and current account? Is it required have a ST2 instead
Please advise..
I am a proprietor for a firm which is into video tape production category of service tax. My revenue / income stands below Rs.50.00 lacs for current and preceeding financial year. I want to clarify whether i have option of paying service tax on receipt basis as per the new rules / notifications of service tax. Is this option available for select 08 individual / proprietorship service providers such as CA, CS, Architect, Lawyers etc. or individuals like me (service provider of video tape production) also have this option of paying service tax on receipt basis.
A shareholder cum director earned rent on land hiring from its company. who should bear service tax?
Is CENVAT credit allowed to be taken of the service tax full paid by us as a Service Recipient under the Reverse Charge Mechanism?
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Service tax