Dear Experts,
wen employee receives training service tax is applicable as there is service component but wen organization receives money as employee does not serve the notice period will service tax applicable on it?

My company is providing certain services. Other Companies are also providing similar services. Now sometimes my company provides Manpower who are the employees of my company to the other companies/Partnership Firms whenever required by them but is not in the business of providing Manpower. My company charges to the other companies for this and collects Service Tax at the rate of 12.36% on these Services. Is this service covered under the provision of Reverse Charge as Manpower Supply?? So should my company collect Service Tax on the entire Invoice Value or only on the proportion mentioned in the Reverse Charge Mechanism applicable from July 01, 2012 for Manpower Supply?? If Yes, then my company has already collected Service Tax @ 12.36%, what should be done for that??

While checking the Service Tax Ledger, it was found that Service Tax on Input Services amounting to Rs. 25,00,000 was missed out to be claimed as CENVAT Credit in the F. Y. 2009-10. These expenses were booked in the F. Y. 2009-10 and the Creditors related to these expenses were paid in the F. Y. 2009-10. However the same was neither utilized as Input Credit nor mentioned in the Service Tax Return as Input Credit available, the same being missed out due to error. What course of action should be taken now to claim the Input Credit of Rs. 25,00.000 since the Return for the F. Y. 2009-10 cannot be revised?

1. Company is proving Information Technology Services to its clients. The company takes Car on Rent from another company which is in the business of renting of vehicles for the pick up and drop facility of its employees. Is Service Tax Payable on Reverse Charge Mechanism on the services of Vehicle taken on Rent for this purpose? If Yes, when is the Service tax to be paid, on receipt of Invoice or on payment to the Service provider and when can CENVAT Credit on the same be taken, once the Service Provider is paid for the services or when Service Tax is paid to the Government on Reverse Charge basis or after the completion of both the aforesaid event.
Further:
a. Generally the Service Provider for Rent a Vehicle charges Service Tax at the rate of appoax 4% (when the rate was 10.3%). I am not sure about the rate now. What is to be done in such a case.
b. And what if the Service Provider is charging the entire Service Tax of 12.36% on the Vehicle taken on Rent

SERVICE TAX RETURN FOR 1ST.QRT OF 2012-2013 i.e APRIL'2012 TO SEPT'2012 DUE DT OF FILING 25.10.2012.BUT SERVICE TAX SIDE I SEE RETURN FILE ON 25.10.2012 ONLY FOR APRIL'2012 TO JUNE'2012.
BUT YOUR SIDE(NEWS)ON 28.09.2012 SAME OPINION
BUT YOUR SIDE(NEWS)ON 01.10.2012 NOT FILING SERVICE TAX RETURN FROM APRIL TO SEPT'2012 UNTIL THE MODIFICATION OF ST3 FORM

I CONFUSED PLZ.ENSURE ME WHAT CAN I DO IN THIS SITUATION.(AM I FILING THE RETURN OF APRIL TO JUNE'2012 BEFORE 25.10.12 OR NOT.

In case of Builder, value of taxable service is 25% of Gross Amount Charged. If a builder bills Rs.10 lakhs and service tax is not charged separately I am following method-

Gross Amount Charged - Rs.10 Lakhs taxable Value
(25%) incl of tax - Rs.2.50 lakhs
Tax included in above = Rs.2,50,000 / 1.1236 * 0.1236 = 27501
Some assesses calculate as - Service tax rate = 12.36 % Effective rate = 12.36 *25% = 3.09% Therefore tax = 10 lakhs / 1.0309 * 3.09% = Rs.29974/- I want to know which one is correct

dear sir,
please tell me how to calculate service tax(those who have reg. flat /units after 1/4/2012) for residential complex (real estate,construction firm),should it be calculated in a same way by allowing abbetment of 75% ?or is there any ammendment in this regard.
and please explain me regarding the recent 3.09% rate ,its urgent
thank u in adv.

whether recipient is liable to pay service tax under reverse charge for the below cases:


1}Bill received from contractor : 01/09/2012
but payment made against this bill before 30/06/2012.

and what if :
2} Bill received from the contractor on 1/09/2012 and part payment against this bill made before 30/06/2012 and part payment made after 30/06/2012,then on which amount st liable to be deducted in that case.

Suppose I provide service to my customer then within how many days am I supposed to raise the invoice.

Dear sir/ Mam,

what is the due date of filing of service tax return for the period April 2012 to sept 2012? Please Clarify the Notification No.47/2012-SERVICE TAX in above regard as soon as possible?

Thanks in advance.

Regards,

Vishal Agarwal
9289219136
vishalagarwal1991@gmail.com