My company built a training centre for the employees of our company.This training centre is exclusively for the employees and to train an employees is the responsibility and condition of the contractee.Service tax is charged in the bill for the construction work. I have taken credit for the same,but my a/c's lost the bill and same has been pointed out by the audit party and asked for reversal of credit taken along with interest. I have approched to contractor for duplicate bill to submit to ST department.Could I later on take credit again on the basis of duplicate bill and what about interest paid could i adjust against my int liability.Please send me reply

Dear All,

whether not claiming abatement in service tax returns, disentitles 67% abatement as provided by notification no.1/2006 in case of a WORKS CONTRACT?

Thank You

respected sir,

our building (fixed assets) work is on,we purchased sand, the transporter has charged carting charges with material. question is 1) is service tax applicable? if, yes. who is liable to pay.2) what will be the "journal entry".

respected sir,

our buiding (fixed assets) work is on,we purchased sand, the transporter has charged carting charges with material. question is 1) is service tax applicable? if, yes. who is liable to pay.2) what will be the "journal entry".

Sir,

We are undertaking execution of interior work as per the drawings provided by the Architect. We have registered under Interior Decorator Service. The department says that since we are not giving any advice or consultancy our services are taxable under Construction (Finishing and Completion) Services and ST is payable on gross value without abatement. Is that correct?



Secondly, Tax is being arrived on the following method.


Sales as per Balance Sheet 10872500
*Labour Charges received 2065265
Advances received 1065208
TDS deducted 565902
Total 14568875
Value on which VAT paid @ 12%(-) 2586966
Sundry Debtors (-) 1065896
Total Taxable Value 10916013
Cum tax Value 9715212
ST payable 12.36% on 9715212 = 1200800

*Pure labour charges without any material involvement

My doubt is

Is TDS is includable in the Value?

We are charging ST in our invoices. But ST is calculated on the receipt basis? In such a case is cum-tax value is applicable?

Whether the VAT value deduction is correct?


Overall is that above calculation is correct?


Thanking you Sir,

is service tax applicable to the gardening,maintenance work done for the non commercial government work ????
if yes , then how??
are there any exemptions to contractors for this service tax???
suggest us that whether working for gardening and horticultural work comes under movable or immovable property???

job work done by jobworker on cloth
query
1.is this transaction covered by service tax
2.case:-
sale 50.00
jobwork 50.00
total.value 100.00
qus:-at which amt service tax is to deduct ?
50 or 100 ?
qus:- at which amt tds is to deduct ?
50 or 100 ?

query
1.current rate of service tax applicable on transporter ?
2.if transporter charge 25% service tax from company, is company can claim service tax paid to the transporter (25% of applicable rate)

Our company is basically into Web development an IT company & also an startup company. Generally exports of product outside India is exempt from Service Tax. But exports of services outside India is liable for service tax.

My query is that in IT whether any incentives are available to an an IT company. Also can you suggest me some sites to know more details about service tax for IT companies.

Thanks in advance.

Dear Sir,

Mr.A taken taxi on hire from Mr.B, and he is contract with Mr.C, he has got Rs.12 lakh p.a from Mr.C and given 8 lakhs to Mr.B. in this citiuation Mr.A is liable to pay the service Tax.
because of originaly Mr.A's income is Rs. 4 lakh p.a only but he receives Rs.12 lakhs p.a.(actual receipt exceed Rs.10 laksh p.a) pls clarify me & give if having any case laws?