Dear Sir,

One of my client is making payment of Service Tax on behalf of the transporter in case of transport services. Can he take credit of the same...? Can he utilise the same against his service tax liability as well as against Excise???

Kindly guide me...

kindly provide me circular no or reference of service tax provision of service of transport if possible...

YSR limited engages L and T for erection and commissioning of its machinery.

It issues Machinery to contractor on FOC basis for using in the erection and commissioning.

will value of FOC material be included in assesable for charging service tax ?

regards,

ONE OF MY CLIENT BM LTD WHO WAS HAVING TWO TYPES OF BUSINESS DETALERSHIP BUSINESS OF A MNC. BM LTD INCORPORATED ONE NEW SUBSIDERY I.E. BM PVT LTD AND THE ENTIRE BUSINESS TRANSFERRED TO MB PVT LTD BY FILING A WRIT BEFORE KOLKATA HIGH COURT.

CENVAT CREDIT WHICH WAS LYEING WITH THE MB LTD WAS ALSO TRANSFERRED TO MB PVT LTD.

NOW SERVICE TAX DEPARTMENT HAS DIALLOWED THE CREDIT AVAILED FROM BM LTD AND ISSUED A SHOW CUAUSE NOTICE SAYING THAT CREDIT AVILED MAY PLEASE BE DEPOSITED AND A PENALTY WILL ALSO BE IMPOSED.

KINDLY SUGGEST.

REGARDS

SUBHASH SHARMA
ADVOCATE
M-9891338895

ONE OF MY BM MACHINERIES CO PVT LTD CLIENT IS SUPPLYING THE MACHINERIES ON RENT AND CHARGING VAT UNDER UP VAT ACT AS RIGHT TO USE OF EQUIPMENT.

OPERATOR IS ALSO PROVIDED BY THE BM MACHINERES CO PVT LTD TO JUST MAINTEN THE MACHINERY AND TO REPAIR THE MACHINERY.

MY QUESTION IS SERVICE TAX IS ALSO APPLIABLE IN THIS CONDITION.

I ALSO WANT TO KNOW THAT SERVIACE TAX IS APPLICABLE ON FOLLOWING CASES :-

1) IF ONLY MACHINERY IS PROVDIE
2) MACHINERY AND OPERATOR BOTH ARE PROVIDED BY THE COMPANY

SUBHASH SHARMA
ADVOCATE
M-9891338895

Whether Proprietor providing Services of Event Management is required to pay Tax on Accrual Basis or Receipt basis???
Further if on accrual basis,What to do as Service Tax already deposited on Receipt basis, Whether its mandatory to pay Interest if Proprietor makes payment now???

I have a properietorship Business of Tour & Travels where I purchase Domestic & International Tickets from IATA Dealers & sell to Public and other Tour Operators. I dont have IATA. Is Service Tax is applicable to my firm.

Who are required to follow POT rules from 1/4/2011 & from 1/7/2011??What`s Difference???


Further What in case of Old bills pending on 1/7/2011 for previous periods,whether the same are covered and required to deposit tax on due amount?? or for previous periods we can deposit tax on receipts basis????

Dear All,

I have received the password for login into aces system thru mail.But after entering the password, the system showed the error as "Old password".After unsuccessful attempts, the system is now showing as user account blocked.I have sent a mail to aces helpdesk service, but it is of no help.Kindly advice what should I do to revive the account.

While filing of ST-3 of Individual, How to show multiple challan in RET. He has paid service tax monthly (6 challans) for the period 01.04.2011- 30.09.2011. In online return of ST-3, there is two option for challan
Apr - Jun
Jul - Sept
If we shows balance in Advance payament there is also only two option
Apr - Jun
Jul - Sept
How to show balance challan (4nos.) in STR

We regularly effect high seas sales ,during the course of import. On completion of the high sea sales contract, the difference in import price, and high seas sale price is recovered from buyer as commission, and we are charging service tax on this commission.

Is this a right practise, to term the profit as commission or brokerage ,and should we continue charging service tax ?

Please guide.