One company has paid Rs 5,00,000/- more service tax in January 2012. Can they adjust in Feb 2012 and march 2012 or should the company go for refund under section 11B?

one of my client has not paid service tax on road transport service since April 2008.
the rate of interest is increased from 13 %p.a. to 18 % p.a. from 1-4-20111 so please help me how to calculate the interest. whether 18 % p.a. since April 2008 till payment or up to 31-03-2011 at 13 % p.a. and from 1-4-2011 at 18 % p.a. ?

Dear all

I have a problems regarding service tax--

what will be journal entry passed in the books of service receiver of Input services and out put services........

(Service receiver is as a consultancy service provider)
Give reply with examples..

service provider charges service tax in case of reverse charge, whether service receiver pay service tax to govt also or its ok to give service tax to service provider.

What is the consequences if Service tax is not paid till 31st March.

what amount a company penalized. is any type of prosecution is there for Investor or Directors of Company.

Hi..
My assessee is a new partnership firm and had no business (Zero income and Expenses)... But without the knowledge of the provisions, they have registered for service tax number and got it... Since they have not at all started the business (not exceeded the 10 lakhs limit), they have not filed the service tax returns.. Now dept s asking return with penalty... Pls guide to how to handle this... Whether penalty to be paid?

Thanks in advance...

A person is providing Work Contract & he has apply his Service Tax No. in Jan 2012. His total turnover from April 2011 to Jan 2012 is approx 22 Lacs. He has not deposited/filed any service tax & Return. Now what is the penalty for not depositing of Service Tax ?

Sir/ Madam

pls help me. I give a service Bill to one party for Rs. 10000+service tax Rs.1030/-. but at the time of completion of work, the work is limited to Rs. 8000/- + service tax Rs.824/-. Earlier the full amount(10000+1030) received from party and filed service tax return.
can i adjust this amount to party ? if the next bill is issued after deducting this amount or issue credit note to party on this difference ?

My friend is conducting open house and in house programs for public and for companies. now he has crossed income of Rs. 10 lakhs on open house programs and Rs. 5 lakhs on in house programs. whether he has to charge service tax to companies for in house programs? whether he has to recover service tax from open house programs? please advice me. If he has to charge service tax, then under which service tax category he has to take application for service tax?

Hey frds, m working in a Ltd company which is
deal in exempted goods and export to outside India. so, i just wanted to confirm that the r we eligible to take the refund from service tax department.