Mr. X, Director (Also owner) of a Company ABC (P) Ltd., is Managing Director (also owner) of another Company KLM Ltd. Company ABC owns a Office Flat as stock in trade and the office space is used by KLM free of cost w.e.f (say) day 50. Upto day 49, it was rented to some other company at Rs.100000/- per month (service tax was charged and paid on this receipt of rent). That other compnay has left that space on day 49 and shifted to some other location and KLM, belong to Mr. x started using that space free of cost. Whether any service tax is payble by ABC?., ABC does not do any business in its book except holding this property as stock in trade. If yes, than on what value? There is no other consideration involved for use of this property by KLM since both the company is owned by one and same individual Mr. x. Mr. X says that both are my company and why should I pay any service tax as ultimately I have not got any money from renting to my self. One can not provide any service to self. Because of legal issues, I am owning two companies. Ultimate owner is myself only. Kindly guide with your valuable opinion and suggestion.

WE ARE GLASS PROCESSING MANUFACTURE UNIT AND VERY REARLY PROVIDE GLASS INSTALLATION SEVICE ALSO

TURN OVER OF SECOND SERVICE IS BELOW 1 LAC

PLS. HELP

1. ARE WE ELIGIBLE FOR S. TAX REGISTRATION?

2. WE PAY 2.5% S. TAX ON FREIGHT (CHARGED ON OUR SALE INVOICE) FORM MY FRIST SERVICE.

The new rule is applicable to GTA or not . I read somewhere that the new rule is not applicable to GTA( ST can be paid on pay basis ) if pay made to transporters whithin 6 M from invoice date and st paid accordingly on pay basis .

The new rule of point of taxation of service tax ( on accrual basis) will be applicable from which date ? i come to know that the same must be implemented from 01-07-11 ( there is a option to start to make payment as per new rule from 1-4-11 or 01-07-11 ), the same is correct?if yes, it means that pay of service tax of invoices accounted in July -11 should be paid on or before 5th Aug and ST on bills accounted upto june -11 should be paid on payment basis till we make all bills o/s as on 30-6-11 . Please clarify it

if establishment of cattle feed plant work order includes the following description of works:
Part I: civil, structural, roads, compound wall.
Part II: supply of mechanical, electrical and service equipments and
Part III: labour charges for installation, testing and commissioning.

Then how to calculate the service tax on that service?

An Industrial Construction Service Provider has provided services and out of the total bill amount, the service receiver has retained an amount as security towards satisfactory performance.The service provider has paid the service tax on realised amount net of the security.
Whether the security amount retained by the receiver of services should be included in total realisations and whether Service tax should be paid on such unrealised security amount???

Re: Service Tax queries

Legal Consultancy Services was brought in the Service Tax net with effect from 1st September 2009 by inserting Clause No.zzzzm in Section 65 (105) of Finance Act, 1994. The coverage of taxable service was limited to service provided by a business entity to another business entity.

The individuals were outside the purview of the term “Business Entity” even though the term “business entity” is not defined anywhere in the Service Tax Regime. With effect from 1st May 2011, the provision has been amended so as to include the legal services:

i) by a business entity to any person in relation to advice, consultancy or assistance in any branch of law in any manner,

ii) by any person to a business entity in relation to representational services before any Court, Tribunal, etc.

iii) entity by an Arbitral Tribunal to any business.

Therefore, representational services by an individual to individual, and advisory services by an individual to any person are still outside the purview of the Service Tax.

In the above context, the following clarifications are required:

i) In proprietary law firm having paid-associates to assist the proprietor; whether it will be treated as an “individual” or a “business entity”.

ii) A proprietary concern rendering only advisory services to some clients and representational to others; whether the advisory services rendered to business entities by the proprietary concern where the proprietor is assisted by paid-associates shall be liable to collect service tax from its clients or not.

The above clarifications shall be of great help in determining the service tax liability and shall facilitate collection thereof without attracting the liability of interest and penalty.

if any company having turnover like tata or reliance then

1)should they file service tax return half yearly.

2)what is exemption on service tax?

3)last date of deposit monthly service tax?

4) how sen service tax return on line?

can u tell me the provisions regarding maximum penalty for delay in filing ST retuen for last year (Period Oct 2010 to March 2011). is it rs 2000 or rs. 20,000 .
by 10th june 2011 i am going to file it tell me the amount of total penalty.

a person gives ambulance on monthly rented basis to the various dept.
whether the above service is liable to the service tax & which head

any citation case law or circular expected

my query is such that my client is consignment stokist and registrred in c&f category. please suggest me that freight on sale is liable to under gta service tax category or not . i have also take reference of s.s. gupta book. in this book page no 1825 describe that full exemption from service tax is available in respect of certain specified taxable services when they are provided to gta. i want expertise suggestion .
jyoti pancholi c.a.