Hello Expert

there is any amendment is st regarding to payment that service provider or taker will pay 1/4 of total service amount (like in Transport service taker pay 1/4 of st amount)

awaiting for reply
pankaj singh

Dear Experts,

I need your view on the following queries:

1. Can Company take CENVAT Credit on Service Tax paid on Insurance Premium paid on Motor Car?

- Both in case its owned motor car and in case it is hired from its employee.



2. Company has hired Motor Car from its emplyee and company pays rent for motor car. Now as per Reverse Charge Mechanism Company needs to pay Service Tax on rent paid on motor car as a Service receiver.

Now Can company take CENVAT Credit paid on such rent paid on motor car hired from employee?



Regards,

CS Samiksha Kansara

Please ask the executive in Faxonic that there is no conflict regarding abatement rate of 70% of S.Tax but the Service tax calculated at their end, 50% WILL BE DEPOSITED by them and 50% to be deposited by WCPL to department AS PER Reverse Charge Mechanism Applicable on Works Contract.

The bill need to be revised and service tax charged by them should be Rs. 38.36 only.

Gross amount : Rs. 886.90
Service Tax : Rs. 38.36
[886.90*70%*12.36%*50%]
Vat: Rs. 66.52
Total: Rs. 991.78

Sir
According to the recent changes, it is mentioned that reverse tax mechanism is applicable and the service recipient is laible to pay service tax for Goods transport by road without any abatement. In this connection one of client who is a whole sale dealer of Rice and Sugar makes payments of Rs 70000 to 80000 per laod. Whether he is laible to take Service Tax Registration and to collect and pay Service Tax .Kindly advice
RGDS

HI EXPERTS
I AM FILLING THE RETURN OF SERVICE TAX FOR THE FIRST QUARTER FROM APRIL TO JUNE OF ONE OF OUR PARTY. I HAVE ONE CONFUSION ABOUT 60% ABATMENT IN THE SERVICE OF CONSTRUCTION OF COMPLEX. SHOULD I TAKE THE 60% ABATMENT. I THINK IT IS APPLICABLE TO ONLY WORKS CONTRACT
AND IF IN WORKS CONTRACT WE CAN TAKE THE 60% ABATMENT THEN IN WHICH NOTIFICATION OF ST IT IS COVERED. BECAUSE IN ACES EFILING UTILITY FOR APRIL TO JUNE 2012 THE NOTIFICATION NUMBER APPLICABLE FOR ABATMENT IS COMPULSARY. REPLY ME FAST EXPERTS

Following scenarios:-

scenario 1) CPA firm in USA open its back office in India. From indian office accounting and tax work done which are reviewed from USA office and final delivery from USA to client

Question) Whether service tax will be applicable to Indian office for providing KPO services

Scenario 2) Does it make any difference if the Indian office is an independent entity.

Please give your answer with supporting section and exemption notification

Thanks in advance for your help.

I m doing export of goods. my whole sale is outside India.My office is on rent where there is separate packing department & accounting department. Can i claim input service tax on rent as a refund in export scheme. some expert said that it does not directly related to export so i did not claim refund in last year. i want to claim this input in export as a refund.

Dear All

We are the recepient of GTA Services and liable to deposit Service Tax on the amount after the abatement of 75%, Now please provide me the Notification No. and Serial No. to be filled in the online service tax return for the period April to June-2012 to take the aforsaid excemption.

thanks & regards

Santosh Pandey
M-9810947821

A prop.firm has a work contract with a company the wooden work has to been done by the firm.the wooden work is related with the construction for the residential flats for the employees of the company.material and labour will be suppplied by prop.firm. in advance the firm received 15 lakh rupees in july,12.what % should be for the purpose of service tax and when it should be deposited.urgently required

Hi,

I am working in a Charitable trust which is running hospitals and educational institutions. We are constructing buildings for new hospital and colleges. Before the introduction of recent finance bill, there were no service tax is charged by the contractor. Now he demands service tax also claiming that negative list does not include construction contracts. Earlier when it was declared service, only commercial constructions are attracted by service tax. Whether there is any change in the status? whether the claim of the contractor is correct as per Act?