Dear sir,

Our company is importing technical know-how from Germany.
1. Do the company need to pay R&D Cess @ 5% on import of technical know-how? Are there any exemptions from this levy?
2. As per my understanding Cenvat credit of Service tax paid (@ 5.30%) can be taken. But is it anyway possible to take Cenvat credit / Refund of the R & D Cess paid? Please provide procedure to claim the same

Please provide copy of the R&D Cess Rule, if possible.

If a construction company uses a service of a transporter to transport goods from one of its construction site to another within the same city limits, is the service receiver liable to pay service tax as per reverse charge machenism under Goods transport Agency (GTA). Is there any circular for such service?

dear sir,

I have imported a digital sign board paying custom duty. I am providing advertisement service through that machinery and also invoice service tax on my bills @ 10.30 %.

Can i get cenvat For payment of service tax out of any of the duty paid vide bill of entry i.e..

1. BCD
2. CVD
3. EDU CESS ON CVD
4. ADDNL. DUTY (IMPORT)@4 %
5. SH CUST EDU CESS

?

Dear Friends!

Ours company is engaged in manufacturing of Auto parts. We avail services w.r.t to design and drawing through mail for a foreign company which has no existence in India. Even that foreign company do not come to India for providing its technical support. We also do not use its brand name. The final products are sold in our brand name only.

Understanding with the Foreign Company:

We have to pay as Royalty @ 2% on the basic sales price of the product which are manufactured by using its design and drawing.

My Query:

1. Is the payment of Royalty attract Service Tax?
2. If yes, then what is its procedure to be followed?
3. Can the service tax if so charged be availed as MODVAT Credit?

Your earlier response to this will be highly appreciable.

Thanks

XYZ Ltd. (Outside India) will appoint A (in India) to execute payment/receipts on account of purchase and sale of shares through savings bank account of NRIs maintained and appoint B (in India) to execute purchase and sale of shares. A will charge Rs. 100 as transaction charges from NRI customers (which will be collected in India). A will retain Rs. 25 and balance Rs. 75 will remit to XYZ Ltd.. B will charge 1% brokerage from NRI customers (which will be collected in India).B will retain 75% of the brokerage and balance 25% remit to XYZ.

What will be service tax liability of each XYZ Ltd., A and B. How XYZ will treat service tax payment (if any) in its books

we are a SSI and we hv ST reg no. as GTA...
we are service recieptants...bt our taxable services were approx. 2lacs per year..so we hvn't filled any returns after sept,07...and as a results we were sent notice by ST department...for non filing of returns....
but master circular says that if below no NIL returns are to be filled...

What is d solution, can anybody suggest..???

I am working in partner ship firm we develope and construction of residential flats as we pay service tax or not. If we pay what is the rate of Tax.

I have purchased one Residential flat in Nov 2010 in Pune , for which I came to know that the Builder has already completed 60 % of this project before 1st July 2010 ,

So Could you please confirm me if I can claim benefit of this Partial Completion and I need to pay Service tax only on the balance 40%.

A company is doing the business of software game development. The games will be downlaoded by the the ultimate customers through an intermediary channel.

Is this business a service and taxable under Service Tax

one of my client has applied for service tax registration showing Interior Decorator as service. Against that ST1, ST2 issued 2 day before through email. On that ST2 official Seal has not taken yet. Now I want to amend my service & I hv to Shown it as "Works contractor".
How can I do this??
Before taking Sign & seal on earlier ST2, Can I make this amendment???
Plz tel me the Procedure...