one of my new client being an Individual as Contractor providing Mending & Folding services related to Grey Fabrics to Textile Industry like Reliance Industries Ltd.

He wants to take New ST Registration immediately. Now if we supposed to file ST-1 online to Department then which type of Services we have to select for this purposes.

Assessee (XYZ)located in India registered with Service Tax under Business Auxillary Service and Business Support Service.Assessee is assisting a foreign service provider (ABC) located outside India of survey online by collecting subscription money locally from local distributors of ABC AS IT HAS BEEN APPOINTED as collecting Representative of ABC in India.A local distributor of ABC will remit funds into the account of XYZ. Then XYZ will inform ABC that funds have come from local distributors and ABC issues invoice in favour of distributors and forwards the same to XYZ. Then XYZ will remit funds to ABC account located outside India. For this service XYZ is charging 0.25% consideration of the amount remitted to ABC .Now my query is as to whether Service Tax is chargeable on 0.25% of the remitted amount kept by XYZ as his commission or on the whole amount collected by XYZ and then remitted by XYZ to ABC.wILL THE SERVICES BE UNDER bUSINESS AUXILLARY SERVICES ?. The period in 2010-2011, 2011-2012.

Has the department released the notification for Service tax negative list?

Have they come into effect?

I heard that sale of advertisements/time slots on digital medium (internet) comes under negative list.

Could you pls confirm if the same has come into effect?

Which are business entity registered as body corporate

Hi,

Whether we need to include new account code in our service tax registration for reverse charges.

Regards

Sathish

Hi,
In Readymade Garment Manufacturing company, Garments are manufactured by way of Labour Job & Labour are liable to Service Tax. but labour is not paying the service tax. In this case who are the liable for service tax . Service Provider or Service Receiver ??

sir, can any1 please let me know whther service tax is applicable on lawyer as per new rules , as such profession is not incluede in negtive list as per ma knwloedge?

please do i

Dear All,

We have a query relating to accounting of revenue in case of export of services. which exchange rate shall we consider while booking of revenue as export of services ?

Is there any specific notification, wherein rates are prescribed or we should take the exchange rate prevailing at the time of raising invoice and while recognizing the payment receipt, exchange rate difference will be booked.

am working for a manufacturing company. just want to know if i am eligible to avail service tax credit for amounts paid for consultancy services and courier services.
Please advise.

Dear Sir

We are a partnership firm providing legal consultancy services. We have started the profession in FY 2012-13. We will raise our first bill in July 2012.My qureies are

1)Do we need to take service tax registration number as From July 2012 the liablity of service tax is shifted to service receiver in our line of service.

2) Do we need to file service tax return if we take service tax registration number