This Query has 1 replies
Whether registration of Domain name is liable to service tax prior to 1-7-2012, more particularly under the category of Business Support service?
This Query has 3 replies
Hi all. Company A is registered under three cateories viz. Manpower Recruitment agency(MRA), Management Consultant(MC) and Business Auxilarry Service. The legal entity has single registration number with the above categories. Different divisions provide different service, due to which the above categories were registered. As on 31st MArch, one division of manpower recruitment was discontinued. However, they have huge Service tax input credit. Please confirm if the Management Consultant Division can avail the input credit of MRA in the subsequent years. If so, then under which Rule or section.
An Early response would be appreciated
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FACTS:
“B” is Associate Co. of “A” and is registered under Service tax.
A is exempt from paying service tax as it is into export and so is not registered.
Both the Companies are availing services for different matters from the SAME Advocate firm “X” and as per the notification No. 25/2012 dated 20.6.2012, are now liable to pay service tax under Reverse Charge mechanism on advocates services.
QUERY :
A does not want to get itself registered only because of the reverse charge mechanism on advocate service, though he is the ultimate receiver of the service and liable to pay.
And hence can it make some internal arrangement with its Associate B by way of requesting Advocate firm "X" to raise entire bill in the name of B for total Advocates services availed by both ?since the bill is in name of B,it will pay entire Service Tax and later on by way of inter company debt, this transaction can be settled in books of both the Companies.
Or
is it mandatory for A to get itself registered under Service tax for the purpose of reverse charge mechanism and pay itself, because ultimately A is the receiver of service of Advocate?
Please Help
This Query has 1 replies
pls help me out on this matter.
we (co.) have received a service from an unregistered service provider that comes under REVERSE CHARGE SCHEME.
now my query is.....
1)wether we r resposible for paying whole service tax or the part, ie.,60%...etc.
2) wether we r eligible to claim CENVAT CREDIT or not.
thanks in advance....
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If a service provider is providing services both in india and outside india(i.e. export of services) he is lible to service tax?however he is providing service for value less than 10 lacs in india.
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i wana to know under which accounting code "business supprot services" tax is deposit for the period of 01.07.2012 to 30.09.2012 under new code or old.
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Dear Sir,
I am accountant of a concern providing placement service to insurance sector, we provide permanent staffing to the companies,
i have confusion regarding change in service tax law about making of invoice... i.e. previously we make inv.@ 12.36 % service tax now some our client said to charge s.t.@ 3.09 % i.e. 25 % of service tax on invoice... and bal.75 % will be paid by service receiver,
I just want to confirm that is this law applicable on us or it is only on temporary staffing...
Thanks.
Gaurav Kaura
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How to calculate service tax for res. complex construction and i can take cenvat credit for that and send the excel format for that thru work contract method 33%
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Pls. let me know what accounting code is to be used in service tax for payment from now onwards
This Query has 4 replies
Respected Sir,
Can we avail credit of Service Tax paid in Reverse Charge Mechanism ???
i.e. We have purchased goods from outside the state and Freight/Transportation is Rs. 20000
And we are paying Service Tax on 618 on that bill...
Now can we Get Credit of that Service Tax ???
Or we should expense out the same ??
Kindly note that Service Provider have no Service Tax No.
Kindly do reply as early as possible.
Thanking you in advance..
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Service tax on domain registration prior to 1-7-12