Our Bank debited a bank charges towards cheque return of our clients, which is deposited earlier by us.

Service Tax can availed on such charges?

Whether a company engaged in providing security services is liable to pay service tax on on full gross receipt or on 75% of receipt service receiver is liable and on 25% of receipt service provider is liable?

under reverse charge mechanism, service receiver has to discharge his liability irrespective whether provider is registered or not...but what vice versa?....i.e an individual/huf(registered) provides services to corporate without service tax number??

Dear All,

Please clarify the following:
As per clause(ii) of rule 2A of the Service Tax (Determination of Value) Rules, 2006 the valuation of services in the works contract has given as 40% of the total amount charged which makes the effective Service Tax as 4.8% (40% of 12%).
In this scenario can we assume that Works Contract (Composition for payment of Service Tax) Rules, 2007 became obsolete and go on with applying the above clause??

Thanks in advance
Regards
Anil

Dear Sir,
Please help me for what is the rate of interest for late payment of service tax and how to calculate we want to payment of service tax deposite with interest for last two months

What is the taxable amount on which service tax is charges on " any credit society" (It's mean financer) and which period they will pay service tax???

Please reply on my below mail:
jignesh_sitapara@yahoo.co.in

Which amount liable to pay s. tax ????

We are Manufacturing Co. we r paying service tax on GTA service after claiming 75% abatement.
1) can we claim credit of service tax paid on freight inward and freight outward(GTA) After claiming abatement as above?
2) V r having 95% import of raw material,where c&F,CHA, and other exp. has to incurred on which servise tax is paid by us. can we claim the same as credit.


Thanx in advance.

Respected Sir,

our is Excisable unit,some of mtrl we manufacture & some mtrl we used to sent to Job worker u/s old 57(f)2 rule.they do not charge Service tax.Apart from this We have also engaged some contractors for fabrication,rework painting etc.of Elect components,They work in our premises all the matrl is ours,we pay them as per Kg or Per Pc rate,all the workers are controled & supervise by contractor.
Contractors are not regd.under Ser tax, Wheter Service tax will applicable or Not ,What Will be the impect of Reverse charge , Pls repply Urgently

Dear Expert,

Kindky update Service Tax impact on Sitting fees paid to Non Executive Director of the Company,and Notification no. also.

MY COMPANY NAME IS ACONOCI INDIA PVT. LTD.
AND IT HAS THREE DIRECTORS AND WE ARE PAYING THEM REMUNERATION RS. 40,000/- EACH. WE'RE ALSO SERVICE PROVIDER. SHOULD WE PAY SERVICE TAX ON DIRECTOR'S REMUNERATION OR NO. IF YES THEN PLEASE TELL ME DATE OF EFFECT.


IS THERE ANY CHANGE IN TDS ON DIRECTOR'S REMUNERATION. MEANS HAS IT BEEN CHANGE FROM 192B TO 194J.

ADVISE ME SOON