Hi!!! I have a question...There are two stock broking companies, A Ltd. & B Ltd., registered with different exchange houses. B Ltd. is going to merge with A Ltd. Application has been made to the court to pass the order for merger..during the period from the date of application to the actual date of order, service tax will be collected by both the companies on transactions entered into..so B Ltd. should charge service tax under its own S.T. Registration no. or under A Ltd.'s S.T. No.because at the end of the year only A Ltd. will be in existence??? Please answer...

Dear Sir,

We are making a building through a civil contractor and he is charging Service Tax @4.12% on Material + Services. Please suggest us that how much service tax will be charged by the contractor in his bill.and also suggest us that how much WCT will be deducted by us in both cases:
a) If it is a composite contract
b) If it is a compounded Contract

Dear Sir,

We are making a building through a civil contractor and he is charging Service Tax @4.12% on Material + Services. Please suggest us that how much service tax will be charged by the contractor in his bill.and also suggest us that how much WCT will be deducted by us in both cases:
a) If it is a composite contract
b) If it is a compounded Contract

Our client require to pay service tax quarterly, liability for april -june qtr is 4.5 lacs and he has paid 4.00 lacs on 5th july , liab for july-sep qtr is 3.5 lacs and he has paid 4.00 lacs , what will be the interest and penalty? , we are under audit of service tax currently

I have a problem on hand....

Our client has written off a sum in the books of accounts.

As they are only service providers and the amount in relation to service tax for the above written off amounts was not received the service tax was not paid. We have however claimed service tax input credit for the various services used in provision of service like telephone courier etc...

as no tax has been paid for the output of service, the officer wants to add back a proportion of the input claimed as these have not resulted in provision of services were tax has been received.



Our contention is no provision stands to this effect in either service tax or in the cenvat credit rules. The officer proposes to add back the sum for the past five years.

Request your guidance on this matter at the earliest



Regards

Adhithya Srinivasan

Hello,
Please clarify my doubt. My client is a trader of Packed/Customised Software. The supplier of the software (who is also a trader) charging Service tax in the bill. Can my client collect the same service tax from the end user and adjust the cenvat credit?. If yes kindly quote the notification/circular details on this. My client wants to raise the invoice with service tax break up in the bill!

One of my client provides advertising agency services.
he outsources some of his advertising works to other firms.
When he pays the bills to other ad.agencies, the bill includes service tax., my client in turn charges including his margin to his own clients for the work.
regarding service tax - he claims the service tax paid to other ad.agencies as cenvat credit while paying his service tax liabilitiy. the dept, ahs rejected such claim saying tht service tax paid to other ad.agencies is not allowed as cenvat credit. please help me...with any quoted caselaw if any?

if we are charging service tax at full rate in our invoices but one of input service is at 2.58% rate? can we claim cenvat credit on that amount as input service tax?

As it is amly clear that if i am claiming the benifit of abetment rate then i can't claim for cenvat credit of any rate? but is that aplicable for the case when you are charging service tax at full rate but the input service is at discounted rate?

one of my client is doing water proofing work he provides labour and material is provided by his client. is this service is taxable for service tax his turn over is more than 10 lakh. which comes in his bank account and than he paid labour charge and his profit is nearly 10% of total turn over.

what best you will sugest to him

is there any changes in service tax rule that responsibility to deposit service tax to government transfered to consignee or consignor from transporter in Transport Service Sector
Thanx.