Dear Sir,

i have one query regarding revised service tax.

if our employee work in client place then we have charged service tax 3.09% (i.e Service Tax @ 25% of 12.36% ).

please guide me, what is revised rate for said category.

thanking you in advance.

Regard
Rajnish

Kindly tell me whether a co-operative housing society making payment to Manpower supply agency/security services agency is required to pay service tax as a service recipient (100% ) on complete reverse charge basis.

I am registered under Service Tax under Business Auxiliary Services and regularly collecting and paying service tax since a long time.

Since November 2013, I have let out a godown on rent.

Is the godown rent received by me to be counted as a taxable service ?

The service tax has neither been collected by me nor paid by me till now for the Godown rent.

Is this to be added ? How ?

What are the implications for late addition / registration of this new service ? How much penalty etc. ?

What are the implications for non payment of tax or late payment if paid now ?

I want to clear all liabilities .... and remain clear of all mistakes.

Dear Experts,

Company A procures GTA Services in the month of Nov'14.
Being a service receiver. Company remits service tax under RCM after utlising abatment.
My Qurey is:
1. can company utilise its available input credit to set of GTA payment for the month of Nov'14?
2. can company use Novmeber months GTA Service tax payment as input credit in the next month?

a assessee deposited amount of rs.20 Lacs in wrong accounting code.
i.e. assessee was required to deposit service tax in "WORKS CONTRACT" while he deposited in "RENT A CAB"

please tell me what is procedure to make correction in service tax challan.

NOTE:- SERVICE TAX IS DEOPISTED THROUGH NET-BANKING(ONLINE)

IN CASE OF RCM IF SERVICE RECEIVER IS LIABLE TO PAY 100% SERVICE TAX THEN SERVICE PROVIDER IS REQUIRED TO FILE ST-3 OR NOT ?

Dear Friends / Experts,


Please guide me on the following, IF POSSIBLE:

An Individual has let out his property to various Tenants and earned Total Rental Income of Rs.11 Lacs for FY 2014-15.

- Rental Income Rs.400000/- by way of domestic use.

- Rental Income Rs.700000/- by way of commercial use.

Query

Whether the requirement of Service Tax Registration shall apply to the said Individual, as the total rental income exceeded Rs.10 Lacs for FY 2014-15.

Your reply, please..............


Thanks in advance for possible replies from all concerned.

Wether service tax applicable on temporary transfer of Display rights to theater. and also i want to know what kind of service tax applicable to film producers.

Guys,
The assessee is collecting say 1000 as rent and st of 123.6. He has paid property tax of say 100. So actual st liability is (1000-100)*12.36% which comes to 111.24. If the client chosses to pay as per the assessable value, he would have collected excess ST. So the best way woud be to pay of the whole service tax collected right?


As per Notification No. 29/2012, Assessable value for renting of immovable properties is Gross value LESS property Tax paid (On proportionate basis.
If assessee pays excess service tax he can adjust it upto one year.

Kindly clarify.

Regards Sashi

In case of Works Contract, a consolidated invoice is raised for VAT & Labour. The client is registered under composition scheme for VAT purposes, then Composition Tax is collected @ 4% on total contract value and paid to the Government. The actual labour is about 30% of the project value. But as per ST rules, Taxable service in case of non-original works contract is 70% of the contract value. Please suggest whether he has to collect ST only on 30% of the contract value or 70% as per ST rules.

Also Can he raise two separate invoices for labour & VAT? If so, then as per COT, tax should be collected on total consideration of the contract, which will be 100% of the contract value. Then one invoice will be 100% of contract value for COT & 30% of contract value for ST, which will impact my turnover in books. Please guide.