A pvt ltd renders " Consulting Engineering Services" & accordingly registered under the same category for service tax payment.

This company also exports services outside India for which it receives money in convertible foreign exchange.

It maintains one set of books of accounts for both taxable & export services.Also it is availing total cenvat on input services.

Question:
Does the company need to reverse the cenvat credit in proportion of export sales to total sales & avail only balance cenvat credit for payment of service tax on taxable services ?
Or is it allowed to avail total cenvat without reversing such cenvat on exports ??

Thanks

Notification 13/2008 ST dated 01.03.2008 provides an exemption of 75% of the gross amount charged for the transportation of goods and consequently, service tax would be payable only on 25% of the amount charged, at the applicable rate which is 10.3% at present. Whether there is any subsequent notification regarding the increase or decrease of the abetment/exemption. Please clarify.

For development of a 1 MW solar project, our company decided to give it to a German Company on EPC basis, where service tax is to our account. we wish to divide the contract into supply and service parts but Germany party is insisting on single contract. How does it affects us with respect to Service tax. Of Rs. 13 crores contract value, the value of engineering and the civil works which attracts the service tax is only Rs. 3 crores. If we enter into a single contract with true values assigned to supply, engineering & civil works on what value we are liable to pay service tax?

will the department asks us to pay service tax on Supply part also? whether we need to sign a single contract with values assigned to each item or multiple contracts.

A civil contractor has under taken construction of a residential building having 8 dewelling units.His scope of work starts from piling to finishing of the building.Now the query is , whether the contractor is liable to pay service tax under works contrsct though the building is having less than 12 dewelling units?

HI,

OUR MANUFACTURING PROPRIETORSHIP FIRM HAVE TO PAY SERVICE TAX (AS AN ASSESSEE) ON INWARD & OUTWARD TRANSPORT, FOR THAT WE HAVE REGISTERED STC NUMBER,
FOR THAT WE ALSO GOT LOGIN ID TO UPLOAD RETURN, BUT WHEN WE LOGGED IN,
IT ASKS ONLY FOR REGISTRATION AS
"FILL NON-ASSESSEE" OR "FILL ST-1".

CAN ANYONE TELL ME WHAT & HOW SHOULD I GO AHEAD

DO WE HAVE NEED TO FILL THAT ST-1 FORM?

THANKS & REGARDS

MANOJ

service tax for the month of april paid on 17 july 2010, what would be the rate of interest charged

Hello

if any company/firm have exceed turnover Rs.9 Lac in the Previous year. then its enjoy service tax exemption of Small scale service provider in current year upto Rs.10 lac..

its true???

plz answer following sums? im confuse

a firm having turnover as follows
2006-07 Rs. 9.40 Lac
2007-08 Rs. 12.40 Lac
2008-09 Rs. 15.40 Lac
2009-10 Rs.: 4.00 Lac
2010-11 Rs.: 2.00 Lac
2011-12 Rs.: 12.00 Lac

can firm enjoy the exemption in 2010-11??

firm registered in 2006-07 in service tax.??

Dear Sir/Madam,

One of My Client on contract basis gives tailoring labour services to a shirt manufacting company is he liable to pay service tax if his net revenue increases by Rs 10 Lacs.

Thanks in advance

Hi Experts,

Is SEZ Unit required to get service tax registration?

Is there any servie tax payable on export of engineering servces(designs etc)?

If SEZ unit provides services to DTA Unit, is service tax is to be collected from DTA Unit?

If SEZ unit receives any services from DTA unit, is it liable to pay service tax to DTA Unit charged on Invoice?

If SEZ unit receives services from SEZ developer/SEZ unit is it liable to pay service tax on the invoice charged?

What are the services exempt?

List of notifications/rules/circular appliable to a SEZ unit

An existing service provider has registered in Service Tax. He starts a new business which is different from the earlier business under the same name and style. Whether Service Tax is to be levied from the first invoice of the new business?
or
If there is any exemption available to the newly setup business?

Please explain