Sir,

We are air conditioning works contractors. My issue befor implimentation of Works contract service we have followed the Errection Commission & Installation Service. After the implimentaion we are following the Works Contract Service. You know that as per ECI service we have to take 67% abatement and on the 33% we have to pay tax. Before service tax rate is 12% and works Contract service rate is 4%. Now Service tax rate has came down for 10%.

May we change to the ECI service. Once I read any where that " if there is any Sales tax element in the receipt against the service of ECI, Service provider has to pay tax in Works Contract service only". Is this correct, if correct please advice me the notification No.

Please clear my doubt.

What is the Abatement in case of GTA?

Thanks in advance

fazle_sap_fi@yahoo.in

how much amt of refund we can take in cash in the following situation:

Total credit of S.Tax on input services=6000


Total turnover of output service=30,000


Output Service Exported=20,000



plz reply???????????

how much amt of refund we can take in cash in the following situation:

Total credit of S.Tax on input services=6000


Total turnover of output service=30,000


Output Service Exported=20,000



plz reply???????????

In the case of Buyer's credit, if service tax is paid on that Co- acceptance fees, can the company avail credit on that. Pl. Reply.
Thanks in advance

My very close friend used to run consultancy/recruitment agency he has closed down the business since 2008 jan. In jan 2007 he had collected service tax from his client but failed to pay service tax dept. total turnover for the year 2006-2007 was below 7lacs. service tax amt collected was 57000/-
due to financial crisis he has not paid the amount so far, how much he will have to pay, as he had major loss in share market in 2008, can his service tax will be waived off. till date his finance condition is still very pathetic. he has no source of income since jan 2008.

What is the amended provision of rule 6 relating to service tax input credit availment pertaining to exempted and non-exempted services where no separate books are maintained ?

Dear All

I am a small money changer with an annual sale of Rs.3.00 crores. After the recent amendment, i am charging Rs.25.00 as service charge per purchase and sales transactions. All together my service charge for the last accounting year is Rs.15075/-. Do I cover under service tax treshold limit?

One of my claint receiving machinery hire charges Rs.1 crore per annum. Is it taxable under service tax and in in which category it is taxable.kindly clarify it.

We are a proprietor company with money transfer as main business. We deal with most of the money transfer providers in the world. We earn commission for the payment made to the beneficiaries. All together our commission is less than Rs.2.00 lacs per year. I just want to know whether money transfer comes under Business Auxiliary Service. If yes, then will the threshold limit is applicable to us. Pls clarify?