Dear All,
As i am running business of Contractor registered with Indian Oil Corp. Ltd (public sector/govt. undertaking) which includes activities like const. / repair of roads, ecectrical pannels/cables, tank installation, Fabrication, building etc (all the work at petrol pumps). I am paying VAT 4% which is deducted at source & TDS. All the rates of IOCL is inclusive of all taxes.
Plz let me know is the service tax applicable on us & if yes how much & from which date.
plz let out a easy way as we have very little profits in our business.
my service provider charge the service tax for full amount of bill, but as per govt. dicesion there are difference in the rate of gas. they refund me difference of rate amount but they not give me refund of service tax amount. they told me to take refund service tax from service tax dept. can i get refund of service tax? if not then what remedy for me to recovery of excess service tax
plz send me reply as earlier as
We take contract work from railways which involves changing rails, sleepers e.t.c. and do not involve any purchase/sale of material.
We heard that under works contract, and service provided to railway, it is exempted under the service tax.
I want to know the exact section under which it is mentioned, it would be very kind of you if you can send me the website link of the same in the central excise website.
I had a query If a Foreign Company recieves a contract of Overhauling of machinery from Indian Company( Say A ) and the the Foreign Company outsource that contract to the another Indian Company ( say B ). My query is that when the Indian Company ( B ) will raise the invoice to Foreign Company, Will it be treated as Export of Service and accordingly whether we need to charge the service tax.
Answer nowI would like to know whether this exemption is available every year. or having paid the tax in a year, has one to continue paying service tax next year even when the turnover does not exceed Rs.10 lakhs
Answer now1. Whether a co-operative society(bank)being a body corporate, is liable to pay service tax for it's services to it's members as well as non-members under the category of commercial concern or any other person (before 01.06.2007)?
2. Is there any judgement in support of the reply of my query?
dear sir
is service tax applicable if service is rendered to nepal? can we make the bill with charge of service tax ? if we can charge what is the rate of tax?
dear Friends,
my company has registration for 4 type of services. out of the 4 one is royalty in whcich we have wrongly paid excess service tax. now can i adjust that payment against my liability under any other head. if yes please provide me circular/notification number.
thanks for answer plz total 735000 Service tax @ 1.55% 11393 Grand Total 746393 Could u plz Distributed Total service tax into parts like 1.55% education cess and secondary education cess
Answer nowA BANKING COMPANY DOWNLODED SOFTWARE FOR DAY TO DAY USE , FOR RS 500000/- INDIAN SUPPLYER ASK TO PAY RS. 51500/- FOR SERVICE TAX APART FROM VAT 4%/ NOW
1) WHETHER SERVICE TAX CHARGABLE ON THIS EVEN 4% VAT PAID.
2) SOFTWARE IS GOODS THEN IS THIS CAPITAL GOODS OR INPUT SERVICE CENVAT ON THIS HOW CAN BE SETOFF AGAINST SERVICE TAX LIABILITY.
OR THIS SERVICE TAX IS EXEMPTED WITH REFERENCE TO NEW CIRCULAR 53 /21-12-2010
BEFORE MAKING REPLY PLEASE GO THROUGH CENVAT RULES AND CIRCULAR
THANKS IN ADVANCE
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