In case of works contract- service tax payable by service provider is 40%(original work), my query is : for example we provide works contract service of Rs. 100,000/- (out of which our liability is on 40,000/- only) but how to show the balance 60,000/- in service tax return. or only show 40,000/- in ST -3 return.
Kindly help us.

Sir/Mam,
Can I register my proprietary firm in back date in U.P or Delhi so that I can show that I have a running business? If yes, then how can it be done? Please help.
Thanks

Dear Sir,
Can you please tell me is RCM applicable in case of LLP? Below is my observation with attached file :-

“Body Corporate” means the meaning assigned to in clause (7) of Section 2 of the Companies Act, 1956 and section 2(1 1) of 2013 Act.
a) Company , corporation and LLP are ‘body corporate’
b) Firm, HUF , T rust and Co-operative society are not ‘body corporate’
c) But firm includes LLP for Service T ax
So, the service tax on reverse charges mechanism shall be discharged by LLP also.

So sir requesting you kindly go through the attached file & give me your valuable opinion.

Sir,

We are Manufacturers and also doing job work for other companys. Shall we collect s.Tax on jobwork charges or not. Pls clarify

Thanks 7 Regards

Hello,
We are Pvt. Ltd. company received a service as works contract . So my query is weather we pay the whole amount of service tax or pay 50% of service amount received by us.When we pay the service tax amount? The Invoice date is 10.10.2015 but we have received the Invoice on 17.02.2016, although we have paid Rs.20000.00 as advance to Service provider.

I am waiting a valid reply.

Note: Invoice .....

Supply of Electrical Material........................................Rs.33000.00
Repair & Maintenance (Labour Charge).....................Rs.5000.00
Testing Of above Elec. Material(Labour Charge)........Rs.19000.00
Vat@5% (supply of material).......................................Rs.1650.00
Service Tax for Labour Charges@14.5%....................Rs.3480.00
........................
Grand Total Rs.62130.00

Dear experts
We are a pvt ltd company and took service tax registration number as well. We are charging our clients service tax in our invoices for our services. Our turnover is not yet 10 lakh. My query is do we have to pay service tax which we collected before turnover of 10 lakhs

A Company paid an amount of Rs. 73945/- to foreign technician towards machinery installation consultancy in India as per their agreements terms with the foreign company.
Company has done accounting entry in their books-
P&M WIP A/c Dr. 73945
Service Tax Receivable A/c Dr 10353
TO Service Tax Payble 10353
TO Foreign Technician A/c 73945

As per section 66(a), Service tax is to be paid by the company receiving service as foreign technician is not having any office in India to provide the service.

My question is why company has debited amount in service tax receivable account. It should be capitalized and should be clubbed with Plant & Machinary WIP Account.

Please guide!

Dear Sir,
Pls suggest me circular of exempted service tax in jummu kasmir.

A bill Rs: 50000/- dated 26/12/2015 from a creditors was received on 30/12/2015 but it was not recorded in books of accounts in (Tally) due to negligence & input of service tax was claimed in same month Dec-15 becoz tax related details was prepared in excel sheet that's why it was skipped to be recorded in Tally. Payment of said bill was made on 11/02/2016. I have few of questions:-
Point (1): In case, if Input of service was claimed in a month of bill date of service & payment is made in feb-16. Bill is entered in our books of accounts(in TallY) on invoice date(26/12/15) or payment date(11/02/16)?
Point (2): Suppose, if input of service tax was also not taken in the month of bill date 26/12/2015 & payment is made on 11/02/2016. in this case, on which date we can claim input credit of service tax & record bill in our books of accounts??
Point (3): If bill on 26/12/16 recorded in books of accounts on payment date (11/02/16) & input of service is also claimed on payment date(11/02/16). In this case, what would happen?

RESPECTED SIR

WE ARE A BUILDER. WE HAVE GIVEN OUT A CONTRACT FOR CONSTRUCTING COMMERCIAL COMPLEX TO A CONTRACTOR. WE WILL BUY IN OUR NAME & PROVIDE HIM INPUTS LIKE CEMENT, STEEL, SAND ETC. ETC.
THIS CONTRACTOR GIVES US HIS BILL FOR LABOUR ONLY AND CHARGES FULL SERVICE TAX. WE PAY HIS BILL INCLUDING SERVICE TAX.
NOW PLEASE GIVE ME YOUR VALUABLE GUIDANCE ON FOLLOWING :
(1) CAN WE TAKE CREDIT OF HIS SERVICE TAX AND ADJUST IT AGAINST PAYMNET OF SERVICE TAX COLLECTED BY US ON RECEIPT OF INSTALLMENT AGAINST SALES FROM A CUSTOMER ?
(2) COMPLEX IS NOT YET COMPLETED AND ALSO WE HAVE NOT OBTAINED 'COMPLETION CERTIFICATE' FROM THE COMPETENT AUTHORITY. BUT STILL BOOKING OF SPACE IS GOING ON AND WE TAKE PART PAYMENT FROM THE CUSTOMER AND ALSO SERVICE TAX AMOUNT @4.35% (30% OF 14.50%).
(3) SINCE, WE HAVE SUB LET THE CONSTRUCTION WORK TO A CONTRACTOR, ARE WE THE SERVICE PROVIDERS & ( RESPONSIBLE FOR COLLECTING SERVICE TAX )TO THE CUSTOMERS WHO BOOK THE SPACE & MAKE THE PAYMENT TO US INCLUDING SERVICE TAX ?

WAITING FOR YOUR VALUABLE GUIDANCE

THANKS

ANCKOORA