Dear All

Please advise me, is their any limit for adjusting the service tax paid?

Regards
Abhi

Sir, we are in business of importing product and trading in india. During Import, we pay Basic custom duty, CVD, cess, Additional duty 4%. We sell product in India levying sales tax (No Excise). We also charge our customer for installation & repair of the product and raise Service charge Bill levying Service Tax 10.3%. My Query is whether we can take custom duty paid as cenvat credit agst Service tax payable?
pl advice.

Please confirm that when i am filling my service tax return for financial year 2010-11 (Both Half) on 10-1-2012 then my penalty amount should be 2000 or 20,000 whenever

I think that penalty on earlier year return should not be more then 2000/-

As per Section 71 (C) of the Finance Act 2011 (8 of 2011) Applicable from 1st April Unless Otherwise specified there was an amendment in Sub Section (1) of section 70 which is as follows:-

‘in Section 70 (1) of the Finance Act, 1994, for the words “two thousand rupees”, the words “twenty thousand rupees” shall be substituted’.

My client had taken Service tax Registration Number long before, but they had no Service Tax liability to pay, hence for all the past year's return was not filed till this date.Now i would like to know that failure of non filing of such Nil return will be penalised or not? We want to surrender our registration number, please let me know ,how to surrender my registration Number? Deparment has issued notice for non filing return of service tax,these notices are sustainable in Law or not?Please reply at your earliest.

dear expert pls tell me what is the interest rate for late payment of tax, is it 1.5% p.m or part of a month and before it was 1.25% p.m what is the applicable date if we pay today and we are late by 1 year should we calculate taking both the rate rep its very urgent

thank you

one of my client is manufacturing of Tapes, registered under the Excise Act. Company purchased goods from the out of maharashtra by way of Road Transport and paying the transport agency. is it liable for service tax collection on behalf of Service provider i.e transport agency. if company is liable then when company should register themself under the Service rule

Service Tax was payable based on Payment basis in the F.Y 2010-11. and as per Amendment, Service Tax is now payable based on billing. My query is that, even though it is to b paid based on billing from 01.04.2011 what about the liability of Service Tax to b paid on receipts against billing of Previous year. I mean when is the Service Tax realised on realisations of previous year's billing liable to b paid??

Please respond at the earliest??

is it true that as per point of taxation rules,2011 w.e.f. 1/4/11 service tax is to be paid on billing basis whereas earlier it was on the basis of receipt of payment of taxable service

If we are paying service tax in telephone bill or other,can a company or individual get service tax set off against the same?

I have got regn for Centralised Accounting & Billing for my offices @ Bangalore & Mumbai.
I am dealing in Software & Service supports. I stock transfer to Mumbai branch. We bill it from Bangalore to endusers, charging MVAT & Srv Tax.
Since it is sold out of Stock Transfer I charge MVAT.
Which Address the bill should have on Top, whether it should be Blr or Mumbai address.

If I mention the Mumbai address and raise Service tax bill, is it wrong as per Centralised regn rules.

The Books of accounts for both Blr & Mumbai maintained seperately @ Bangalore.

Pl clarify, suggest and provide me opinion & solutions.

Rgds / Ramakrishnan