My client is a builder. He has bifurcated the total collection into three parts i.e. Share of land, contruction charges and prefrential location charges. As he it availing abatement @67% on the amount of ST payable on construction charges, he cant avail cenvat credit on that. But as he cant avail any abatement on ST liability on preferential location charges,can he avail credit on service tax paid on input services???

If the compnay has Service Tax Liability of Rs. 2 Lakh in a particular month & also it has Service Tax credit available for Rs. 2.50 Lakhs then in that case whether full credit is available or there is some criteria for it?

Maximum how much amount company can kept unutilised balance in Service Tax Credit account as on 31st March?

A manpower supply firm got ST registration getting service charges which is below 9 lakhs p.a. In some of its bills parties deducting service tax and issuing one cheque for ST deduction and another one for balance payment. In case of some other bills the firm is collecting ST from the parties. Now the firm is required to file the ST returns. or it can file the returns only after its receipts exceeds maximum limit. If ST collected is not remitted then what procedure to be adopted to comply ST provisions.

Repairs and maintenance charges

1. If the company carries out a repairs service by using certain materials, will the service tax be payable on the total amount IF THE VALUE OF MATERIALS IS NOT SEPARATELY PROVIDED IN THE INVOICE? Is there any abatement percentage?
2. Will VAT also be payable on such consolidated charges on the value of materials or only service tax?
Please clarify

Whats the procedure for surrender of service tax registration?????

If Service has been taken In India from the sister/associated concern situated outside India... It attracts Import of Services... But when is the Service Tax be paid on that.. Is it when the Debit Note is raised in the books or at the time of making payment.

Kindly give reference of the Section in the Service Tax

I HAVE PURCHASED A PROPERTY WHICH IS STILL UNDER CONSTRUCTION. I HAVE DISBURSED THE PAYMENT IN MARCH,2011. NOW BUILDER HAS SENT A NOTICE THAT I HAVE ALSO REQUIRE TO PAY SERVICE TAX AT 2.57%.I CAME TO KNOW THAT THIS MATTER IS IN DISPUTE IN HIGH COURT. SHOULD I MAKE THE SERVICE TAX PAYMENT ?

PLEASE REPLY URGENTLY

hi seniors

I am in doubt regarding claiming of cenvat credit on gta service pls confirm it

As the abatement notification is UNCONDITIONAL, can we claim cenvat credit of s.tax which we have paid as a service receiver under reverse charge after claiming abatement........?

pls support your answer with any judgement since the law is not clear on this issue......

Thanks

Registered for ST but turnover of the business is less than the exempt limit of Rs 10 Lakh.

Questions:
1. Can nil return be filed as no service tax is charged as turnover is below limit
2. Does ST have to be collected only because the business is registered though limit has not been reached?

Ratan