DEAR SIR(S),
I WANT TO PAY SERVICE TAX FOR THE FIRST QUARTER i.e.APRIL-JUNE, 2010 - RS.3000 AND FOR THE SECOND QUARTER JULY-SEPT.,2010 - RS. 6000.
HOW MANY INTEREST / PENALTY I SHOULD PAY ?. PLS GUIDE ME WITH CALCULATION.
THE ASSESSEE IS AN INDIVIDUAL CONCERN WITH PROPRIETORSHIP FIRM AND HAVING REGISTRATION OF 'REPAIR OR MAINTENANCE SERVICE'

we have service tax payble-20000, cenvat credit-5000, service tex received-25000. what is the accounting entry?
entry passed by me-

Service tax payable a/c ---Dr. 20000
To service tax receivable A/c 15000
To cenvat Credit a/c 5000

Please correct my mistake.........

we have service tax payble-20000, cenvat credit-5000, service tex received-25000. what is the accounting entry?
entry passed by me-

Service tax payable a/c ---Dr. 20000
To service tax receivable A/c 15000
To cenvat Credit a/c 5000

Please correct my mistake.........

sir i am working in a hospital at the post of account assistant

i have a problem in service tax

becouse when we applied for service tax in our hospital bills for tpa compnies
at the time of payment tpa compnies make a payment with a some lesser amount so how can i settel in service tax

example

we applid in bill 51000 ( bill 50000 and st 1000)


company make payment 49000 ( 48500 + 500 )

what entry will be make at the time of applied and at the time of receipt in tally

Hello please help me in simple calculation issue :-

I have received an amount of Rs. 5,51,000/-
tell me formula to calculate other things?

Bill amount ………………… (?)
Service tax (10.3%) + ………………… (?)
Total Invoice Value = ………………… (?)
Less TDS 10 % ………………… (?)

Amount Received after - 5,51,000/-
10% TDS Deduction

Thanks

There is a Transport Contractor providing transport services to the client. He is eligible for Tax Audit but have not registered for Service Tax because service tax is directly paid by its client on his behalf. Whether this is permissible? or Transport Contractor should register for Service tax?

Dear All,
Please give the formula to computation of service tax.

Respected Experts
If an assessee providing AMC services for electronic appliances & the contract with the customer is with spareparts, so if any parts is needed that is to be paid by the service provided & not by the customer - so in that case VAT cannot be charged on such spare parts to the customer - now the question is whether service tax is to be charged on total AMC contract price or a portion of AMC contact price will attract service tax.
Thanks
Debashis Mandal

our enterprise is manufacuring unit. during the year 2004-05 to march-09 we get cenvat credit(service tax) on claring & forwading charges,on outward freight,on CHA Export,on commission.
But Recently show Cause notice is sent by Excise Department stating that cenvat credit taken is wronly taken by us.
so what to do in this matter? and credit taken by us is right or wrong ?

Respected Experts,
I am confuse about cenvat credit taken on service tax, can we mentioned Service Tax credit in service Tax return and Excise Return both or it would mentioned only in one return, Hope u can understand my problem

Thanks