For calculation of Service tax,
which rate is to be considered
a) date on which bill is raised
or
b) date(period) on which service is done

Ex: period of work/service : 01.01.09 to 15.02.09 and
Bill raised on 20.03.09
which rate to be consider either @ 12.36% or 10.3% ?
pls give me with legal support.


Thank you

Please confirn that abatement of 67% has beeb changed to 75% on construction contract.Please Provide Notification no & Date


FM’s announces Relief Package consisting fresh Tax Sops-2010

The construction sector has requested for a review of the changes in the service tax law proposed in this year’s Budget. Several suggestions have been made by the trade associations. Considering all the inputs, I propose to provide tax relief to this sector by enhancing their rate of abatement from 67% to 75% of the gross value where such value includes the value of the land constructed upon. Certain procedural bottlenecks relating to the completion certificate prescribed in the law would also be simplified.


The above changes relating to construction sector would be effective from a notified date after enactment of the Finance Bill, 2010.

Dear Sir
We are in Composing Music Songs & Back ground for hindi films since last 2 years on contract basis.

we need to know our services are covered in Service Tax.. and at what rate shud client deduct TDS while making payment to us.

Please suggest.
Thanking you in anticipation of your valued co-operation.

regds

Jayesh

SERVICE TAX REGISTRATION OF A NATIONALIZED BANK'S NEW BRANCH IS REQUIRED. WHAT DOCUMENTS ARE REQUIRED TO BE SUBMITTED WITH HARD COPY AFTER FILING THE APPLICATION ONLINE AND GENERATION OF ST1

my client being an Individual under proprietorship concern engaged in providing Security Services to Renowned customers like IOCL.AIR etc.

He is charging S.T. on Invoices/Bills as raised to customers on monthly basis @ prescribed rate regularly.

So far S.T. Payment is concerned ,he is liable for the same on Quarterly on receipt basis.

But my client is paying on Monthly basis as per Bill charged instead of receipt basis on quartely.

I adviced him to follow the payment on Quartely basis but he refused to do so as their customer demanding on monthly basis documentary proof for making payment to him.

How to justify to their customers as to procedure as per law.

Please guide me accordingly to resolve the said issue.

please clarify:
1. during exemption period , a manpower recruitment firm need not requires service tax no.------and hence need not charge service tax--------- what if companies to whome manpower is supplied , insists on service tax no.? and in such case shall firm charge service tax, can it not be beneficial to the companies also as they too save service tax ?
2. how to go about as start up manpower recruitment firm.....with respect to ST NO.
3. in case of propritership firm shall one give PAN NO. of individual sole proprietor and get service tax no. by name of prop. firm...or has to apply for PAN NO. for that firm name first.
REGARDS
RAJIV

Hi,

Company is charging freight on Invoice apart from value of goods and pay separately to transporter as per the bill raised by transporter which is always more than the freight on Invoice. Company is deposting service tax after taking abatement of 75% on bills submitted by transporter?

Is process followed by comapny is correct or company needs to deposit service tax without abatement?

My Question is
I am a Builder and assign a composit contract to a contractor to construct a Building. But Steel and Cement is procured my me and given to Contractor free of Cost. Rest other material is procured by the contractor himself.
My question is whether the Service Tax @4.12% charged by the contractor is also liable to charge on the material free of cost supplied by me or not. If chargable then under which notification. If not under which notification. Please provide all documentry evidences.

Your Valuable input is highly appreciable.

Regards

I want draft letter of Authority for service tax appeal.

Sir ,

Please tell me whether any changes comes in service tax on rental property from 15.05.10