Sir,
Please clarify Service Tax on Works Contract from 01/07/2012 on account of Notification No.35/2012 dated 20/06/2012 rescinded Composition Scheme.
1.At what rate we have to pay Service Tax on Woks Contract now?
2.Is there any abatement available?
3.Service Receiver is liable under reverse charge?
Siva

Our company issued a Work Order inclusive of service tax @ 12.36% with clause 3% WCT will be applicable and deducted from your every Bill.
(But material value is not identified while issuing the work order)

My question is that if I follow the valuation rules under the notification 11/2012 of Service Tax i.e 70 of the total amount of Gross amount then my liability for Service Tax will be after deducting WCT from Gross Work Done or simply I take 70% of service Tax which is inclusive in the bill value and deposit 50% of service tax. For Example

Ist Method:-

Work Done Value 1,20,000/-
Less WCT 3,600/-
Net value inclusive of Service Tax 116400/-
Service Tax inclusive in above 12804/-
My company Liability upto 70% 8963/- and then 50% 4482/- according to notification no 30/2012 of Service Tax.

IInd Method
Work Done Value 1,20,000/-
Service Tax inclusive 13200/-
70% of Service Tax 9240/-
50% Liability according to notification No 30/2012 i.e 4620/-.

My doubt if I'm taking a % value of the service Portion then I should not deduct the WCT.

Please Advice...

ours is a social media firm, we prepare ad for our client and put it on face book.
face book charge us on daily basis on heat it received for particular ad and in turn we collect the said amount at the month end from our client, and over that we collect 10% as managemt fees.
1) we charge service tax on full amount bu some client is arguing that what ever actual ad spent they pay us that is just re-imbursement of what we have pai to face book. so is it ok if w donot charge service tax on ad spent actual amount re-imburse by client.
also i want to know whether ngative list publised by s.tax dept.exempt internet ads from sevice tax.if so does face books ads also exempted from service tax
thanks in advance.

Hello experts

A real estate company is charging amount in parts as follows

1. Basic Sale price
2. PLC
3. Open Car parking
4. Covered car parking
5. EDC
6. IDC
7. Club Building Fund
8. Interest on late payment
9. One time power back up charges


Qurey is
Service tax is applicable on which
Part and rate of service tax

Is there any exempt part out of all .

Thanks in advance '

Ritesh Khruana

Dear Sir / Madam,

Whether following activity can be treated as a Service liable for Service tax?:

Mr. A opens a Bank account for his clients who do not understand net banking, and pays Tax on their behalf after depositing tax amounts received from them and provides this facility free of cost. Is this a Service liable to service tax?
Whether the status changes, if he charges some fees for this facility?

Kindly revert.

Thanks,
Suraj

Sir, Different types of contractors are working in our premises using their own manpower. They provide services like Rep. & Maint., House keeping, Jobwork related activities, Fabrication, Reconditioning, Civil Maint., Rubber Belt joining, Commissioning, Manpower Supply, Loading unloading with their own instruments/ Vehicles / apparatus (Just like bundeled services). Whether reverse charge is applicable for any type of services offered by contractors using their own manpower in company's premise?. Please explain case to case basis.

Regards

Co provides mobile facility to employee for business calls. In some cases employee use mobile for personal calls also and so they pay back to company or offer deduction from their payroll. Is Service tax is applicable on such cases? (i.e. Company to Employee)

Pls clarify us regarding the service tax liability on director's remuneration as per the recent notification issued by the service tax department.

we have a unit located in SEZ,& wants to get refund of service tax can u tell me how to get refund of the same..i want procedure of the same if any

Its urgent plz reply...thanks in advance

If we import of service vide exhibition out side india and service provider has no PE in india in this whether service tax liability arise on import of service or this services exempted from service tax.

service use for promoting business.