Hi

I heard that service tax though not collected must be paid . Is that True ?
And also i heard that only for professionals it is Receipt Basis. Clarify pls . If any circular / notification pls mention it

Abdul

Does an IT Co.charge both service tax and CST on sale of its software and thereby providing some networks/links to its cusomers.Will it be a service or sale for IT Co.

Dear Members,
My company came into existence last year February. We raised a bill of Rs.325000 last year and payment for the same was received this year. Up till May this year turnover rose to Rs.1300000 inclusive of the amount Rs.325000 as the payment was received this year. (Is 325000 taxable this year or i can avail exemption as in it was raised last year???)

The company was soon registered under the service tax act. But the due date for depositing tax was 5th June which we skipped. Now we received another 400000 in August. The due date for which is 5th Sept. Please help me out in calculations along with interest(@18% or 15%) and any way If i can reduce it or save myself from interest.

Dear expart,

from the fy year 11-12 service tax are booked on accured basis and service tax credit are ataken accordingly but if the pyment is not made within three month then the service tax credit which was taken early is required to reversed.

pls give me the detail about the above.

i also want to know wheather only the service tax credit is reversed or the whole transaction.
Thanks
CA Simanchal

Dear Sir/Mam,

We are manufacturers of Corrugated boxes. Wheather service tax is applicable for Development & tooling cost for Export parties?

Party send debit note of 1800euros towards Development & tooling cost (one time cost), after that there was a shipment of 10000euros to the party.

if a consulting engineer has the certificate of industrial training institute which is run by ministry of labour and rehabilitation,will he be exempted for his services??

we need clarity on this situation , partnership firm doing merchant exports
business i.e export of granites and applied refund application Form A with service tax
department, after acceptoing notice was issued stating that this refund claim to
be applied with central excise department with whom the jurisdiction falls,
actually we dont have central excise registration also, kindly suggest on this

I have paid service tax on GTA at the time internal audit of excise department. Officers told me that give me a declartion under section 73 a , so he will not issue a showcause notice to me. so please will you give me that declaration format.

Dear Experts

We are manufacturing Excisable goods and we have not registered with Service Tax.

My Query is:

1.Is service Tax is applicable on Freght inward & out ward.

2.On Jobwork

Please clarify

Thanks in advance

Hi all
Plz let me know in construction Industry
At what value service tax to be deposited?
Bcoz first a RA Bill is submitted to the client & then Certain corrections are done on that submitted Bill by the client like Measurement etc.
There is a time lag between these two events.
plz tell me on wat amount service tax to be deposited? Submitted Or Corrected Invoice ?