sir
1.my client is owing few building which had been let out for Residential and commercial
rental income from above comes to Rs.11 lakhs is he subject to service tax?

2.Room rent of hotels are subject to service tax by new amendment,then any rental income from Property letout for commercial and resedentail put together with room rent of hotel (Proprietor)croses 10 lakhs -service tax is attracted?

WE have some commercial properties which is in the name of our director, if we want to transfer the said properties to a private trust does the registration under the service tax act necessary for the trust ( as the commercial rent of immovable property comes under the ambit of service tax).

KIndly guide me.

Thanks & Regards

Biswa ranjan Jati

If there is material movement for 20 KM but vehicle was detained for 20 days because of various reason. Because of this if transporter is charging material movement charges for 20 Km & RS 1500/- per day as dention charges. Then GTA will be calculated on material movement charges or we have to calculate GTA on material movement as well as detention charges. Please clarify & also provide any case laws to understand this.

If a company which is in the business of Commission Agents pays service tax on rent of its Corporate office premises, does it get input credit set-off on service tax payable by the company on its turnover?

If yes, then by how much % is the credit allowed.

Please reply urgently
Nikunj
9867806668

At which amount service tax will be calculated if there is any adjustment made on the full settlement of accounts, such as bad debts
for example-total value of service is 25000/- including service tax and amount realised from debtors is only 22000/- and 3000 wrote of as a bad debts.

what is the procedure to adjust the excess amount of service tax paid in the past on account of wrong calculation.

Please also clarify about disclosures in the ST-3 that will be filed later.

is new amendment of service tax applicable for ca ipcc may 2011 gr-1 syllabus?

Dear Sirs,

In our case we are selling recharge coupons. We take registration for business auxilary services. We buy recharge coupons from uninor. Our income is only the commission that is the difference between the sale price & purchase price. In uninor,s bill they collect service tax from our part. We collect the same service tax from our customers. In our ST - 3 We show the sale price of recharge coupons excluding service tax as gross value against service provided. Purchase price of recharge coupons shown as value of exempted service and the balance is shown as taxable value of service provided. But our return is rejected because for showing any amount under exempted services the exemption notification no is shown. Which exemption notification can be shown ? or how to fill our return. Please help me its very urgent

I AM A DIRECT MARKETING ASSOCIATE SINCE LAST 10 YEARS AND I AM WORKING WITH ICICI BANK ON COMMISSION BASIS AND I HAVE TAKEN SERVICE TAX NUMBER UNDER BUSINESS AUXILARY SERVICES. IN THE YEAR 2006, SUPPOSE THE BANK GAVE ME A STATEMENT OF MY ACCOUNT STATING THAT I HAVE EARNED Rs. 1000 AS GROSS COMMISSION AND DEDUCTED Rs. 600 AS SUBVENTION MADE BY ME TO THE CUSTOMER AS EXCESS DISCOUNT. THUS IT GAVE ME A CHEQUE OF Rs. 360 AFTER DEDUCTING TDS OF Rs. 40 EFFECTIVELY AND STATED THAT IT IS INCLUDING SERVICE TAX AMOUNT. NOW PLEASE STATE ME WHETHER I AM LIABLE TO PAY SERVICE TAX ON Rs. 400 OR Rs. 1000.
THIS IS MY QUERY AND MY MOBILE NO. IS 9780888976.
PLEASE ANSWER.

THANKING YOU

RAJBIR SINGH

Kindly clear our doubt on penalty as per the following:-

a) What would be the penalty payable for the retun not being filed for six month period ending 30.09.2010 ? If we pay the penalty on Monday (2.5.2011) will it be Rs. 2,000/- or Rs. 20,000/- ?

b) Also if we pay penalty today for rs. 2,000/- and file the return on 2.5.2011 (for six month period ending 30.09.2010) then can the department ask us to pay the revised penalty of Rs. 20,000/- as it is 2.5.2011? Again what would be the scenario if we file the return on 3.5.2011?

c) Is the revised penalty of Rs. 20,000/- per return applicable for the returns after 1.5.2011 or for previous returns as well. In other words is the revised penalty clause prospective or retrospective?