Hello Friends,

Please clarify me on below points w.r.t Export realization in case of export of service.

- As per Rule 6A of Service Tax Rules 1994, service shall be treated as export of service, if payment for such service is received in convertible foreign currency. I want to know whether there is any time limit prescribed for realization??. If yes, then please let me know the circular no.

- If there is any such time limit, what if, realization is received after prescribed time limit. whether in such case, service tax will be payable on export of service.

Please post your answer.

Swapnil Munot

Whether reverse charge basis of service tax is applicable on Annual Maintenance contract of A/c Maintenance , if answer is yes it will come in which category of reverse charge.

Dear Expert
Suppose i am a man power service provider, as per notification no. "15/2012-service tax" Percentage of service tax payable by the person providing service is 25% and percentage of service tax payable by the person receiving the service is 75%, i am confuse about performa of invoice. please tell me performa of invoice as soon as possible.


Thank you........

can amy1 answer me in case of immovable property what tax planning can be done by service receiver under reverse charge mechanism to pay less service tax

Dear Sir,
I have a query regarding the levy of Service Tax on some services.
Suppose there is a Packer & Movers Company and provide the relocation services to its clients.
It has to shift the client's household items to Singapore. Now after packing & loading the goods on the port,
goods are sent to Singapore port and there it take the services of agent to move the goods from Singapore port to its final destination, i.e. at client home situated in Singapore.
For this services provided by agent to it, agent raises bill on it and company do payment.
Now my query is this, whether this payment made by company to its foreign agent is exempt from Service Tax under reverse charge mechanism???
As there is a Notification No-8/2011 of ST which exempt this services from the levy of ST.
Kindly solve my query and obliged.

We have to pay service tax for FY2008-09.
How we have to calculate interest?
It is to be calculated @18% i.e. present rate from 2008-09 till date or rate of interest applicable for respective years?

please guide whether to apply present interest rate 18% or different interest rates for different years?

We have outsourced preparation of few Auto Cad drawings for our Project
to 4-5 individuals@ 450/- per village. Total value of work offloaded to any individual is around Rs 15-20 K

Kindly advise how the PO is to be issued as they are not registered with Service Tax


thanks in advance.

Sir, I want to know how service tax applies to real estate company as per new provisions.
Also want to on what price service tax applies? on sales price of flats? on maintenance charges taken from customers? on extra work done for special customers such as POP, furniture, etc?
When and how to pay service tax and on what amount?
Any abatement available?
Please tell me everything about it.
Thank you.

Hello,

My self, Virag Shah from Ahmedabad.I am doing freelancing work as accountant and i am in study of Chartered Accountant.I have
one query while doing accounting, Income Tax and Service Tax.My case is as below:

One of my client doing work of collecting subject from various clients ( both indian and foreign) for writing articles for websites or
any other publication on internet.After that he will take back this work to professional writers ( both indian and foreign) for writing
whether writers are on internet or in situated particular his office.

In my sense as per nature of work, He is not applying his mind while writing article, he is just hand over work to writers and complete the work as per requirement of client.His mind is applying for searching clients and writers on internet.All the searching work is done on Internet.I have some doubts about work.

1. My client is receiving payment via online internet.He will receive full payment for work and after deducting his commission/brokerage or what ever say,he will pay to writers (both in Indian currency and foreign currency) via credit card system or online transfer.Whether this work is termed as business or profession?

2. How is accounting made? With full receiving amount or Net commission amount.

3. Writers are not charging Service Tax on bills and TDS is deducted as per professinal basis as per their thinking.I just want to know whether service tax is applicable or not, if applicable services with foreign clients and payment to foreign writers both are termed as export of services or business auxiliary services or any else.

Hope I have made some try about querry for understanding to you.Give me quick reply,Sir.

Regards
Virag Shah
PH -8460570594

Hi Dear Friend,
we registered under Maharashtra VAT ACT

Business:
we are importer and distributor of wrist watches. ( Retailer and wholesaler)
at the time of import we pay Customs Duty, Counter veiling Duty (CVD) and SAD,

Can we treat it as Input Taxes or Duty

1. After that at time of selling the merchandise we collect 12.50% vat local and 2% OMS sales.

2. we have hired a space in Mumbai, for that on rent we are paying service tax the land lord.

My query: Can we take set off os Service tax paid on rent of the premises hired for business against Customs duties and CVD.

because these are central government charges.

Please advise.