Please reply........


Question
XYZ Ltd. gives the Consulting Engineering Services to the client, the total amount due from client was Rs. 10,00,000/- including service tax against 4 to 5 nos of bills since last two financial years. Client has made the payment of Rs. 8,00,000/- as a full & final payment in the current year against all above bills.
Following entry was passed by the company at the time of bills raised in books of accounts:-
By Income a/c ---
To Client a/c ---
To Service tax payable ---
Company is showing service tax payable amount on total amount in last two years financials.
In view of the above case please answer the following questions:-
(a) Taxable value & Tax Payable in current year ?
(b) Adjustment of service tax payable which shown in last year financials
(c) Accounting entries
(d) Relevant service tax rule for reference

i have applied for registration on 23.02.2010 for service tax online...but i have not recieved ST 2 form...

wen i login and view ST 2 ..there are no records

please help me in this problem

Dear Experts

Our comp is an 100% EOU located at Chennai. We are into apparel mfrs.

We incur freight charges during the sale...The freight vendor charges ST on the bill...Can we take ST credit on that amount..?

we have required service tax rate & Ac cured & sales Basis of method required. pl sent details of F.Y. 2006 To 2009.

Thank & Regards

Sadashiv

SIR

MY ASSESSEE HAD PAID SERVICE TAX ON 31.03.2010 BUT NO SERVICE TAX PAID IN 31.03.2011 I.E. NIL SERVICE TAX RETURNS IN 31.03.2011. NOW 31.03.2012 SERVICE WILL BE MORE THAN 10 LAC. IS BASIC EXEMPTION OF SERVICE TAX AVAILAVLE OR NOT. IF AVAILABLE THEN WHICH NOTIFICATION

CA SANDEEP GUPTA

My Client have Tyre shop & also undertake wheel Alignment & wheel balancing whether service tax is applicable on wheel Alignment & wheel balancing charges ??????????????

I am going to fill up my ST3 return and as i have paid the tax lately so, i have also deposited interest for Apr-June11 & Jul to Sep11 on half yearly basis. But in 4B column in the Source document no./period i am writting 4A(I)(d)(vii), but on validating the page it showing the error "Source document number is not in correct format for row : 1"

Pls. help me.

WE ARE PURCHASING ANTI VIRUS SOFTWARE AND THE VENDOR IS CHARGING 10.3% SERVICE TAX AS WELL AS 5% VAT.

IN ANOTHER CASE THE VENDOR IS CHARGING ONLY SERVICE TAX @10.3% FOR RENEWAL OF AMC FOR ANTIVIRUS FOR ONE YEAR.

ARE WE LIABLE TO PAY SERVICE TAX AND VAT IN THE FIRST CASE AND ONLY SERVICE TAX IN 2ND CASE AS HAS BEEN CHARGED BY THE VENDOR.

Dear Sir,
Our Co., is mining business. In our a/cs section auditor bills are taking as cenvat credit but legal & profession bills are not taking as cenvat credit regarding this any rules are there or not

thks in advance

Dear experts
ours co., is mining business,in our a/cs section auditors fees bill taken as cenvat credit but they are not taking cenvat credit of legal and professional fees bill what is the reason for it any rules regarding cenvat credit for legal and professional fees

thks in advance