One of my client has not fully paid service tax & interest also. So i want know whether part of payment is made is to be adjusted with principal amount or interest amount first. If possible please give section/ case law reference.

Dear All,

Please provide reference no. of any circular/notification/provision for taxability and exeption/abatement from tax related with Common Wealth Games for providing contractual work involving supply of material and installation & commissioning thereof.


With Regards,
CA.Goutam Sabyasachi
goutamca@gmail.com

Dear Experts,

I have one doubt, pls. help me in this.
Suppose if company is into trading business on which VAT charged & also into service business on which service tax charged. however they are not maintaining seperate books of accounts of two business, so how can we claim set off of service tax paid on common input services. what should be formula to claim input credit set off under this condition.

Second in reverse charge mechanism applicable from 1-7-12 can service receiver claim set off of his share of service tax, or whether he has to pay without setoff.

Pls. advice me urgently.

Thanks in anticipation.

Shrenik Shah

One of my client being a Partnership Firm engaged in Construction Activities as Builder or Developer. It undertakes construction of 24 Residential House/Flats for Buyers who are Individuals.This Project is meant for Medium Class Persons.So nearly the Construction cost comes to Rs.8-10 lacs Approximately.After adding the Profit margin Builder/Developer makes Bill for each Buyer along with Sale Deed for registration purposes.Now in this scenario please give reply as to following queries:-

i) what will be Service Tax Rate to be charged.
ii) whether such services comes under RCM as per Service tax law.
iii) If covered under RCM then whether Service recipient is also subject to ST net or not.
iv) what will be ST rate to be borne both by Service Provider & Service Receiver.

Awaits an Early response.

Dear Sir,
We are manufacturer of transformer and supplying raw material (Ms plate) to job worker for manufacturing of tank(semi finished).He is using consummbles(electrodes),man power & electricity of his own in his plant. As we are in ED exemption Zone (Uttarakhand)& our job worker also in uttarakhand but he does not have ED exemption, I want to know weather job work attract service tax or VAT on it.

we are sending paper under challan in terms of rule 4(5)(a) of cenvat credit Rules 2004 for printing of Ream Labels to various Job Workers. labels are printed by job workers using their printing ink.
the printed lables and the waste paper arising during printing are sent to us under cover of challan issued in this regard. the printed labels are used captively.
No separate charge is claimed in the bill towards cost of printing ink and printing charge.
whether the above job works are coming under the category of works contract ? if yes, whether service tax is payable under Reverse charge mechanism by service tax?

As per service tax new regime works contracts has different rates for eg. original contracts is 40% repairs/renovations and other is 70% other than above is 60% is it correct.now my doubt is As per rule 2a thus above mentioned rates apply on gross amount charged on invoice less than value of the property involved in goods and vat/sales tax on above is it correct ok here party can claim cenvat credit on input services, capital goods not on input goods is it ok then fine if party his have to claim cenvat credit on input goods any other provision is there for claiming cenvat credit on input goods and one more thing is i had read it some where in case party have interested to claim all cenvat credit including input goods normal service tax rate is12.36% apply on entire gross amount including value of transfer of property involved in goods in thus case party can claim entire cenvat credit is it correct or not please clarify some one

If a service provider is enjoying small scale benefit and does not charge service tax in bills in such a case what is the responsibility of Service Receiver under Service Tax regime of Reverse Charges mechanism.

Hi all of you,
i am contractor(company) and providing contruction services to builder in india,for this builder is paying me some of consideration.

Now my doubt is...

1) Whether contractor(Service provider have to pay tax? if ans is yes then how much amt? and when the contractor have to pay that amt?
2)provision of ABATEMENT is applicable by fulfiling condition of whether CENVAT credit is taken arlier or not?
AND in this case my another doubt is whose CENVAT Credit we have check? Service receiver cenvat or service provider?

3)Another condition for abatement is *cost of land is not charged separately,then how may contractor know is land cost is included in gross amt or not?

4)And abatement of 75% is to whom, it is for perspective buyer or contractor or for builder....

5) how many times service tax is imposed if three diffrent contract is executed and how much of abatment is available to whom?

i) Service provided by SUB-CONTRACTOR to CONTRACTOR
ii) Service provided by CONTRACTOR to BUILDER/Developer
iii) Service of Selling of residential complex to buyer(perspective),is also deemed as service,

please solve my all doubt....i will very thanks to you if do it....

you don;t understand my querry then plz dont hesitate to contact me at .....arjun_gt2002@yahoo.com....
.....thanks you.....

Sir/Mam,
I have a query related to service tax calculation as per the amendments of july-12.
Please answer the mechanism behind the payments & availments of service tax related to manpower supply.