DEAR ALL
ON WHICH VALUE WE SHOULD PAY SERVICE TAX IN CASE OF IMPORT OF SERVICES,

1) WHETHER ON THE VALUE ON WHICH WE ARE BOOKING THE INVOICE IN FOREIGN CURRENCY TAKING AVERAGE RATE AS DECLARED BY CUSTOMS EVERY MONTH

2) OR ON THE ACTUAL VALUE WHICH WE WILL PAY TO THE FOREIGN PARTY ON DUE DATE OF PAYMENT AS PER SPOT RATE OF FOREIGN CURRENCY AT THE TIME OF PAYMENT.


REGARDS,

GAURAV G BADWE

Dear Sir,

Earlier Service tax on GTA was payable by Consignor or Consignee who pays freight.After introduction of negative list, it appears that service tax will be paid by person who pays freight. Please consider below case.

A Limited is Importer of Goods. B is clearing and forwarding agent of A. B completes all custom formalities, pays all expenses related to consignment including transportation from port to factory of A and reimburse all expenses from A.

Now in above case, consignor is A limited. As per earlier provisons service tax was required to be paid by A limited as he is consignor even the freight was paid by B on behalf of A.

Now from July 2012 onwards, who is liable to pay service tax? Either A limited in the capacity of consignor or B in capacity of payer of freight to GTA?

Please ask inncase of any more details required..

Hello everybody,

Good morning.

I have a query regarding service tax registration

One of my client (individual), situated in kolkata has a owned property in Gurgaon. She has given that property in rent. Now, for service tax registration she wants the jurisdiction to be in Kolkata, as there is nobody to handle the administrative issue.

What should be done? Please advise as it is very urgent

Regards

A company gets a building constructed through a builder who charges cost Rs 100 + Service Tax Rs 4.12 i.e., total 104.12. Now the company gives the building on rent and charges Service Tax alongwith rental charges say rent Rs 50 + service tax Rs 6.18 @ 12.36%. What is the service tax liability to be paid by the company (i) Rs 6.18 or (ii)Rs 6.18 - Rs 4.12 = Rs 2.06. Kindly give expert advice.

Our company is availing the services of security agency services and as per amendment 75% of service tax paid is to be paid by us to the government, as we being service receiver. Now, my query is if the invoice is raised and paid by us in Aug 2012 and we have paid 75% of service tax on 6.9.12, then we can utilize that 75% portion of service tax paid on 6.9.12 against any output service provided in Aug month itself or after 6.9.12 ?

we received Rs. 148315 for 11 months rent
(11 X 12000+service tax) in advance on 1/05/2012 and we deposit Rs. 16315 ST to department 5/06/12.

now we raise month wise bill to party and
we pass jv

Party a/c ....13483
To Rent ....... 12000
To Service Tax....... 1483

what is the entry for service tax adjustment which we have already paid ST.

if any other we make pass please tell.

Dear Sir,

we are manufacturing automobile parts. can we take the service tax credit for payment of excise duty ?

can we show the service tax amount in ER-1.

pls suggest.

Regards,

Raj

Dear Sir,

we provide repairing service to customer on site,My query is
1) can we claim travelling exps sepratally in service invoice?
2) Is service tax applicable for travelling exps ?
3) How to reimbursed this exps from customer without showing in tax invoice ?

Please guide.

regards

how many goods are convered in service tax in andhrapradesh & what percentage of wich goods


thank you

Dear all, We have to despatch our sold goods at our customers' destination. We pay Service tax on transport cost at abetted value of 25%. Can you pl help me to understand the impact of Service Tax so paid on my CENVAT Claim under the law? My Email address is as.pahwa@yahoo.in