Dear Sir,

Weather refunnd of service tax on input services for production of goods under the order by the exporter of goods. i.e. goods intended for export is available?

Dear Experts,
Please tell me how to calculate threshold limit of Rs.10 Lacs as in last year point of taxation was on recipt basis but this year it was on accrual basis. In last year Service rendered is about to Rs.6 Lacs and in current year upto Aug month is Rs.6 Lacs and payment recieved during the year of which services rendered in previous year is Rs.3 Lacs.
Please clarify soon!! Its urgent!!!

Thanks in advance..
Sanjay Verma

we are paying the ser tax on the basis of chq colleted from the parties. Now i came to know that the ser tax has to be paid as per the bills raised.can any one explain me in detail.

payment of ser tax is monthly or quarterly?

Dear sir,

This is to inform you that we are hotelier and paying service tax & R&D cess on royalty to foreign company for using its name & style,and also paying the service tax on accommodation with effect from 01/05/2011, as detail below.

Service Tax on Royalty @ 10.30% which we are paying.

Royalty is payable to foreign company on room sale only not gross sale @ 3% .

Service Tax on room sale @ 5.15% which we are paying with effect from 01/05/2011.

now my question is, can we take the service tax credit on it, if yes, how it can be claim.

Your early action regarding the above shall be highly appreciated.

Thanks & Regards
CP

Dear friends,

Your advise is required in the matter of payment of Service Tax and TDS on Foreign consultancy.
Say we have made payment of $1000 in the month of Aug'11 towards consultancy fees to one of our US party. Applicable Service tax & TDS rate on such consultancy is 10% & 20% respectively. Please tell me how much I need to deposit towards Service Tax & TDS in the month of Sep'11. Exchange rate Is Rs 45.00

Thanks & regards,

CHA not levied service tax in his bill on ocean freight for Import material.
Required advise or notification/circular for exemption of service tax on ocean freight for high seas purchase.

Thanks & Regards
bandhu

Hi,
AGM must call by 21 days clear notice prior to date of conducting the AGM,however company can call by shoter notice if all the members who are entitle to voting in the meeting are agrred (i.e.,100% favour).

In the above question:-1)When the approval of the share holders is taken for such shorter notice?(i.e either before AGM or in the AGM itself?)
2)If share holder dis agrees what are the relevant consequences?

One of my client is paying the freight charges when their goods bought are transported. So as a recepient of service he is liable to collect & pay ST from Service Provider.

Now, my question is whether the threshold limit of Rs. 10 lakh is applicable to my client or the freight carriage company. The freight carriage company is a small service provider and the net earnings from service do not exceed 10 lakh. Also the net expenses incurred by my client also does not exceed Rs. 10 lakhs.



Waiting for your reply,



Regards,



Suraj

Dear All,

This is urgent. Our Company has import some services from China worth $10,000. This service is liable to both Service Tax and Withhlding Tax @ 10%. But I am not able to understand how do I calculate the amount to be charged towards Service Tax and Withholding Tax.

Can any of my friend guide me in this regard?

OUR CLIENT IS ENGAGED IN EDUCATIONAL ACTIVITIES. AT THE TIME OF COLLECTING FEES THEY CHARGE SERVICE TAX @ 10.3%. BY GIVING 50% SCHOLARSHIP, OUR CLIENT GIVES REFUND OF 50% OF TUTION FEES TO ELIGIBLE STUDENTS.

MY QUESTION IS " WHEN WE GIVE SCHOLARSHIP, CAN THE SERVICE TAX ALSO BE REFUNDED"???????