JIMMY VADERA
This Query has 1 replies

This Query has 1 replies

25 August 2011 at 12:56

Credit of gta

Hello, Can anyone tell me recent provision relating to GTA? Means
1. whether GTA is required to be paid for Freight Inward or Freight Outward or both?
2. Whether Service Receive should pay this?
3. Whether Rs. 1500 is still avaliable?
4. Whether Credit of GTA paid can be set off against Erection, commission and installation service?

Early response awaited



Anonymous
This Query has 2 replies

This Query has 2 replies

sir i'm having a problem to understood the applicability of servicetax on the renting of computers
QUERY:is vat is aplicabale or service tax is applicable on renting of computers?
please give link or book reference it is very important.


CA Chandra Kant Prasad
This Query has 1 replies

This Query has 1 replies

24 August 2011 at 20:12

Service tax credit

Can i get service tax credit on Bank Charges(inclusive of tax) like Processing fees, BG/LC commission charged direcly by the Bank to the account. But problem is that Bank is not disclosing the exact amount of Service tax on bank charges


CA Anurag Shukla
This Query has 2 replies

This Query has 2 replies

24 August 2011 at 17:52

Gta service credit

If a company hires GTA service both for input of raw material and output for delivery of finished goods to the place of removal i.e depot or sometimes to buyer premises.
My query is whether the company can take credit and if yes then of which input or output service.

Whether the company can take credit of service tax paid by him on the input and output service and if yes or no please advice by the help of decided case law.



Anonymous
This Query has 2 replies

This Query has 2 replies

Dear Sir,
Is there any service tax liability on freight inward payment on material of building construction.( factory is under construction).And on freight paid on purchase of machinery. unit is not registered under service tax.


Manish
This Query has 1 replies

This Query has 1 replies

24 August 2011 at 14:02

Service tax reg. no.

Sir,
Confirm me about the online process of obtaining service tax registration no. if there.


PUNISH CHAUDHARY
This Query has 1 replies

This Query has 1 replies

One individual clientwant to surrender his service tax registration due to discontinuation of business , what are the required formalities and one affidavit required

Can we get the format of affidavit to be submitted to department



Anonymous
This Query has 1 replies

This Query has 1 replies

23 August 2011 at 20:21

Applicability of service tax

An life insurance agent of life insurance corporation of india got commission of Rs. 10.50 annualy in fin year ended 31.3.2011

Is he liable to deposit the service tax or some provision is there that lic will deposit the same
Pl clarify

Punish


Ganesh Y
This Query has 2 replies

This Query has 2 replies

As per notification no.6/2005-ST dated 1/3/2005 provides an option to the service provider to avail exemption from tax leviable on taxable services of aggregate value not exceeding 10 lakhs.

As per notification no.1/2006-ST dated 1/3/2006 75% abatement can be availed by service provider of construction of residential complex service.

whether abatement of 75% can be availed by service provider and thereafter the threshold exemption limit of Rs. 10 lakh can be claimed or the threshold exemption should be claimed from the gross amount received and abatement to be claimed thereafter.


vikas malpote
This Query has 1 replies

This Query has 1 replies

Our industry is service industry. We are involved in trading activity also. Can i take Input credit of common services on proportionate basis as well as well as full credit of other services which are not used for trading simultaneously. or I have to follow only one of them. Pl guide me






CCI Pro



Answer Query