Hi,

I need a favor from you.

We have received a Professional Fees Invoice from one of our Vendor dated 25th of March 2012 and we have deducted the TDS and issue the Cheque to Vendor on 29th of March 2012.

The same cheque has been presented to Bank by the Vendor and cleared in bank on 10th of April 2012.

for the above reason Vendor has raised a supplimentory invoices to us with regard to Change in the Service Tax Rate wef 01.04.2012.

In the above case what is the actual rate of Service Tax? 10.3% or 12.36%? Is there any curculars in this regard?

Thanks.
Gireesh

As per budget 2012, scope of Service tax payable by service receiver has been extended which will come into force from 01.07.2012.
As per the same now on GTA, service receiver is required to pay 100% service tax. So, whether abatement of 75% will not be available from 01.07.2012?

When we raised invoces in F Y 2011-12. But we have not paid service tax before 31.03.2012. If we pay service tax now, what is tariff of service tax, 10.3% or 12.36%. We have collected service tax 10.3% on invoices. Please clariffy.

Dear Expert

we are service provider comapny, if we purchase any assets from any dealer with excise invoice. can we take this cenvat in service tax input credit.

Thanks

Our company is a MNC registered as Private Limited Company under Indian Companies Act. Ours is a subsidiary of a MNC which is also registerd as Private Limited Company under Indian Companies Act.

Some of the overseas employees are deputed to our company from our parent company aftering enterin an agreement. Thier salary and other allowances (viz., vehicle petrol, driver salary, medical expenses, food expenses etc.) is paid by my parent company and TDS is deducted on the above on before paying the salary and the same is get it reimbursed from us.

Here now my question is as follows:

1. Is service tax is applicable on the above.
2. If so under which service the same has to be clasified.

Now my question is for the salary recovered from us did we have to pay service tax charged by my parent company while raising invoice on us.

One of my clients is engaged in manufacture and online selling of customized apparels. I need to ask whether service tax is applicable on manufacture and online selling of customized apparels i.e. apparels made as per the requirements of the customers by a designer?

Dear Sir,

We as a company paid excess Service Tax as we was under impression particular service was taxable but actually it was not...

Can we adjust that service tax in the month of June...

Waiting of reply...

Thanks...

Our company is a private limited and engaged in steel processing (slitting & shearing). We are providing foods ( break fast, lunch, dinner) to our employees through canteen contractor. The contractor raising the bill for food & services charges and charging service tax amount for entire amount.

Whether service tax applicable to entire canteen bill amount or service bill amount only ?

One of our client is engaged in fabricators for aluminium windows , structural glazing and do several finishing jobs .major job is aluminium fabrication.


Online website of service tax provide 32 services for which registration can be taken,


can some one please tell me, in which category this service will fall

One of my client provided amusement rides ( video games , Go Karting, Toy Train, Battery Car for Child & Bouncee )with Himchal Pradesh Tourism Development Corporation Ltd. (HPTDC) under profit sharing ratio 50:50 in manali (Himchal Pradesh). All equipement are provided by our client. On 1st April’2012 onward HPDTC deducted service tax under work contract from our client.

Determination of value of taxable services involved in the execution of a works contract.- Subject to the provisions of section 67, the value of taxable service involved in the execution of a works contract (hereinafter referred to as works contract service), referred to in clause (8) of section 66E of the Act, shall be determined by the service provider in the following manner, namely:-

(i) Value of works contract service shall be equivalent to the gross amount charged for the works contract less the value of transfer of property in goods involved in the execution of the said works contract.

Explanation.- For the purposes of this clause,-
(a) gross amount charged for the works contract shall not include value added tax or sales tax, as the case may be, paid, if any, on transfer of property in goods involved in the execution of the said works contract;

(b) value of works contract service shall include, -
(i) labour charges for execution of the works;
(ii) amount paid to a sub-contractor for labour and services;
(iii) charges for planning, designing and architect’s fees;
(iv) charges for obtaining on hire or otherwise, machinery and tools used for the execution of the works contract;
(v) cost of consumables such as water, electricity, fuel used in the execution of the works contract;
(vi) cost of establishment of the contractor relatable to supply of labour and services;
(vii) other similar expenses relatable to supply of labour and services; and
(viii) profit earned by the service provider relatable to supply of labour and services;

(c) Where value added tax has been paid on the actual value of transfer of property in goods involved in the execution of the works contract, then, such value adopted for the purposes of payment of value added tax, shall be taken as the value of transfer of property in goods involved in the execution of the said works contract for determining the value of works contract service under this clause.
(ii) Where the value has not been determined under clause (i), the person liable to pay tax on the taxable service involved in the execution of the works contract shall determine the service tax payable in the following manner, namely:-

(A) in case of works contracts entered into for execution of original works, service tax shall be payable on forty per cent. of the total amount charged for the works contract:

Provided that where the gross amount charged includes the value of the land, in respect of the service provided by way of clause (8) of section 66E of the Act, service tax shall be payable on twenty five per cent. of the total amount including such gross amount;

(B) in case of other works contracts including completion and finishing services such as glazing, plastering, floor and wall tiling, installation of electrical fittings not covered under sub-clause (A), service tax shall be payable on sixty per cent. of the total amount charged for the works contract;


As per my understanding my client is not cover any work contract.

You are requested to please provided any notification where amusement games in negative list
& confirm for applicability of Service Tax.
Entertainment tax is exempted in H.P.

with regards

Vinod Aggarwal
9810833006