We are civil contractors and we are registered with Sales Tax under composition scheme and accordingly we are charging 4.12% service tax on the total bill (i.e. 10.3% on 33% of the bill value).
We receive bill from labour contractor and he charges service tax 10.3% on the whole bill amount.
My question can we take service tax input credit of 10.3% which the labour contractor charges us

hello...
i have an query..

can a company adopt mercantile basis for payment of service tax?

Thanks & Regards,
Akash.

hi i am a ipcc student can you tell me appropriate author's book for indirect tax. please suggest me some good author's books and plz tell me which one god for my exams.

Respected Sir,

The issue is related with providing.laying,jointing,testing and commissioning of sewer line under sub contract as well as under direct contract with state government.Kindly enlight me regarding applicability of service tax on these non commercial activity. Whether there is any difference on applicability of service tax in respect with work order directly taken frm government or taken under sub contract from any private party.

waiting for early response

Regards

CA Saurabh Agarwal

A company pays service tax under reverse charge mechanism on import of various taxable services (may be ITSS, BOFS, MRS and MCS) under single service category (MCS).

Please note that there is no revenue loss but just following procedural fault.
1. Non inclusions of services under ST2.
2. Payment of challan under wrong accounting code
3. Wrong disclosure in ST3.

What are the consequences of such payment of reverse charge tax on import of service under wrong service category.

Respected Sir,

Whether Service Tax to be charged on Rental charges received towards Open plot used for Commercial purpose?

What is the rate of Service Tax to be charged on that amount?

Kindly advice for the same.

my partnership firm (nature of business is kidney hospital)in total receipt rs.40lacs and one part of hospital building like shop are given on rent as a medical store and rent on these medical store rs.18000/-per year for the case service tax is applicale or not......? how to tax calculate...

Regards sir plz tell me what condition is liable for a contractor to registration with service tax.
regards
rajiv

Dear All,

One of my friend is in business of Contractor (Labour). He is registered with Labour, ESIC & EPF authorities. He have to types of contracts. .

1. Fabrication of Steels on Kgs/ Pcs Rate Basis with own labour only (Plant, Machinery, Raw Materials, Consumable Items provided by the client.)

2. Instillation & Commissioning of Automation machineries (Conveyors, Robots, Lifts etc on Labour rate per day basis tools tackles etc provided by the client.)


His FY 2009-10 Turnover is approx 12 Lacs

in which approx 9.5 Lacs is fabrication turnover and 2.5 Lacs is Instillation & Commissioning turnover.

My query is
1. Is he liable to pay service tax on Fabrication turnover.

2. If he is liable to pay service tax on which taxable service he will pay service tax please also mentioned accounting code if possible.



regards,

Thanks in advance

When the Transport service tax applicable in company? pls provide me infomation.