hello sir,
can you guide me about applicability of service tax to COLD STORAGE , as per negative list??

one my friend B com graduate going to start Tax Consultancy Services and he wants know in which head of service tax he will be taxable.

Dear All,

Can u any one tell me that if someone providing services as Professional on monthly basis and his total services cross the amount of Rs. 20,00,000/- but he is not adding any service tax in his invoice.

so is it company liability (Who invoice received) of non-addition of Service tax?

Pls. do revert asap.

Thanks & Regards
Pramila Bargode

Sir,
I want to ask that what is the procedure of cacellation of service tax no?is it necessary to pay service tax of last quarter before cancellation of service tax no?

Dear Expert,

I have recently started a private limited company offering consultancy services on loan syndication. From 1st April 2012 onwards, the service tax rules states that the service tax is to be paid to the government on accrual basis i.e. at the time of crediting the invoice in the books of accounts instead of paying service tax once the payments have been received from the clients i.e. receipt basis.

I wanted to know as to have the rules being changed w.e.f 1st July 2012 whereby the payment of service tax to the government has been made on receipt basis i.e. on receipt of payment from the clients or is it still the same?

Kindly advise?

Sir,
Earliar we are registered under only GTA service but now as reverse charge applicable shall we have to take new registrarrtion for manpower and works contract as this will be applicable for new approach.
In new rule they said that service tax payment willl be under 1 sub head so please let us know about this

My Client is a Pvt. Ltd Company, it deals in supplying Iron-ore which it procures from other companies.

The company doesn't have a service tax registration.

My problem is that, the company is not deducting any amount of service tax from the payment made to the Transporter.
For additional information, the transporter is providing the consignment note with all the details filled up and the freight amount is not shown separately, the consignment note only contains the quantity and the Invoice amount.

Further the transporters has not provided any Bill for the year FY 11-12, but a lump sum amount on an ad-hoc basis has been paid and final settlement along with the bill is pending.

I was auditing its account and this thing has came to my notice and the accountant says that this is their every year practice and no one has raised any objection till now.

If the above treatment is correct then can anybody please explain me why ?

And if its not correct what can be the possible solution to it.

Thanking you in advance, your concern will be highly appreciated.

I want to know whether Proprietor Business has to pay service tax on the basis of point of taxation rule or on the receipt basis. My one friend told me that individual is exempt from the new rule. And hence liable to pay tax ( Financial Year 2011-12) on receipt basis only not on invoicing basis.

Is it correct? please help me.

my client provide transport service. he receive fright inwards amt rs.5205320 & charge fright outwards amt rs.6400000 during f.y.2011-12.also pan card available for tds purpose.please advice me whether my client fall u/s 40AB(audit).also help me whether service tax applicable or not.

how to claim the service tax refund