whether reimbursement expenses which are not taxable in service tax will be included in computing rs.9lakh limit for getting service tax registeration???nd whether these exp. are included for checking ssi exemption???

I have opened a restaurant in Hyderabad . I want to know is service tax registration required on restaurants. If so on what amount we should collect the service tax.

Thanks

X.Pvt. Ltd. registered under service tax under works contract.

Company building residencial house 2 floors.

My qustion is service tax applicable or not.

If suppose i m considering Service tax liability on billing basis instead of receipts & taking input credit on payment basis & in future suppose my drs became bad so whether i am allowed to adjust excess service tax paid against my future liability. Plz

Dear Friends
Greetings!

Please help in this...

A private co. (Say X) engaged in trading of commodities for which it purchase it locally and then sale it to some other ltd. co. in the same state by engaging the individual truck owners to carry the materials.
This company ( X) pays to the individual truck owners.( Say Rs. 20,000/- each and in total 15,00,000 to different owners)
Now while billing to the buyer (Say-Y) it shows seperately transportation in the bills with amount of 15,50,000/-( an excess of 50,000/-)and also pays VAT ( Karnataka) on the transportation amount alos along with the price of the materials.
Now the buyer (Y)says that he himself will pays the service tax on the transportation part and we ( co. X) need not to pay the same.
My Query is whether it can be done? I have impression that since we are paying to the transportors we had to pay the service tax on that.
please guide.

Hi, Iam having a private company.It is exporting software development to UK.Presently the turnover is less than 9 lakhs.The amount gets converted into indian currencies and deposited into copmany account from the foriegn company bank account through Foriegn Inward Remmitances. Now we are planning to increase the turnover to 15 Lakhs. Do we need to register for service tax? Do this export of service get exemption??. What is convertible Foriegn Exchange???

Sir,

How can we bifurcate a contract (Civil work) into WORK CONTRACT & NORMAL SERVICE (CONSTRUCTION OF COMPLEX & INDUSTRIAL SERVICES) based on the scope awarded to a contractor.

Regards,

Lijo Philip

My accountant has advised me that Service tax is deposited on receipt basis not on bill basis.

I have a following query.

For example the service tax for a period is Rs. 1ac.

service Tax receipt for the same period is Rs.80K and tax is deposited in time.

Balance service tax amount Rs. 20K is realized in 1-2 months.

Please advise, What is the time frame to deposit the balance service tax amount.

Regards.

Our company purchases steel pipes. From those pipes, we get scaffolding manufactured from another company. Scaffolding is given out on hire to our clients. It is erected & dismantled by our labour at client's site.
Are we eligible for CENVAT credit on those pipes? Can we use CANVAT credit on those pipes against service tax on labour charges for erection & dismantling of scaffolding?

A chartered accountant has rendered taxable services for a value of rs. 9 lacs. In the same year he gets a bank audit assignment which would take his taxable service beyond the threshold of 10 lacs. In this case, how will he raise a bill for the bank audit services because a portion of the bill would be within the threshold and balance only would actually be taxable. However, to the bank, you have to intimate whether you are liable for service tax or not and levy service tax if it is applicable.What is the methodology for raising the bill, filing returns and payment of tax as you would have collected service tax on the total bill value and not on the amount exceeding the threshold. Learned forum members views solicited.Thanks