Will 0.5% Krishi Kalyan Cess applicable from 1st June would be creditable unlike Swatch Bharat Cess, please refer circular for the same.

Under which accounting code service tax will be deposited under reverse charge. Will it be deposited under the code in which assessee is registered as service provider or code of services received.

if contractor construction house for tamil nadu housing Board then he should charge service tax or not as giving service to TNHB
TNHB is a govt.??

Which point of taxation rule shall be applicable for karshi kalayan cess "service receiver" ?

Whether Cenvat Credit of krishi kalyan cess shall be available to "Manufacturer" ?

Dear sir / Madam,

I am an employee of a builders/construction company.

What is the recent provision of ST and tax liability under reverse charge mechanism for Labour supplier and works contract.

Pl guide me with abatement.

Can we make ST payment on behalf of service provider under reverse charge mechanism.


Thanks in Advance
Regards
Biswa

Dear Sir/Madam,
We are a PVT. Ltd. company, we are receiving professional services from an individual and for which individual is raising an invoice every month along with service tax, Ex: for Rs. 2lakhs- ST@14.5%- Rs.29,000. Hence bill value would be Rs. 2,29,000/- So now the querry is that, Individual would pay the service tax quarterly, where in we as a company book the invoice and take input credit every month for the invoice raised.

So in order to treat it as a checklist, Is it possible, whether the company can retain the service tax with it, instead of paying it to individual every month??? Because in case, there may be chance of discontinuance of service in future, we would not be able to check whether the individual would have paid the amount to the dept. for which company has taken input credit...

Let me briefly explain in an example...
Month - April Invoice value - Rs.2,29,000/-(Basic + ST)
Month - May Invoice value - Rs. 2,29,000/-(Basic + ST)

So, If in case the service is discontinued in the June month (say from beginning of June month), Company would have already booked the invoices for 2 months which are raised by individual and taken input credit for that. So as individual would pay ST to dept. quarterly, Company would not be able to make sure that whether the ST has been paid by individual or not??which would create a huge problem from dept. to the company.

Now the thing is that, whether the company would retain the ST of (Rs.29K + 29K) with it, and would pay to the individual at the time of payment to dept.

if service provider is a company providing services of GTA,will RCM be applicable or not?

One Of My friend have service galary of LG I want to know Under which head it should be registered from 120 services plz Guide

We are Builders, while paying VAT or TDS , we are usually include swachh bharat cess in while calculating Works Contract value for MVAT. Till now no notification has come regarding this,But is it correct to pay Tax on Sawchh bharat cess at the time of paying VAT.

Example :
Works Contract Value for MVAT : 100
Swachh Bharat Cess: 10
Total :110
MVAT @ 5% on 110//- = 5.5/-

Kindly Solve My query at the Earliest
Dipenti Pandya