Gourav
This Query has 1 replies

This Query has 1 replies

04 February 2016 at 16:39

Input credit on service tax

input service used in relation to manufacture canbe availed and utilized for payment of Excise duty In my view liason office is used to procure sales and not connected to manufacturing activity so it may litigated by department

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RADHAKANTA DAS
This Query has 6 replies

This Query has 6 replies

04 February 2016 at 16:34

Service tax implication on plotted scheme

Q.If a builder selling a plot for Rs.10,00,000
Collected towards Land Value Rs.6,00,000
Collected towards Land Development Rs.4,00,000
Whether it attracts service tax if yes then how much % to be paid, any abatement is there?


dharmender
This Query has 1 replies

This Query has 1 replies

manufacturing company receive services ( Work Contract ) from proprietor firm(ABC) of Rs. 1,00,000. services tax on that @14.5%.

Entry in Companies book;
Service charge a/c 1,00,000
Service tax Receivable 7250(50%)
To ABC 1,07,250
To Services tax Payable 7250(50%)
or
Service charge a/c 1,00,000
Service tax Receivable 14500
To ABC 1,14500
To Services tax Payable 14500


And What about in the books of ABC book?





Kripa Shanker Sharma
This Query has 1 replies

This Query has 1 replies

04 February 2016 at 15:00

Mechanisum to be followed in that case.

if AMC of Electrical system (Service) is being provided by non corporate to corporate. invocing only for service poration, becuase spears and consumebles (If any) required provided by service receiver.
in both case.
1. if service being taken as manpower only or
2. if service being taken as job work.
determine Service tax in both case.
or whether it`s treated as work contract.


ANIMESH PANDEY
This Query has 1 replies

This Query has 1 replies

Sir,
we are a manufacturing unit but now we have decided not to manufacture but to go in job work agreement with our sister unit to manufacture on our behalf on raw material supplied by us. note that the final product will bear our brand name .
Therefore my question is that whether there would be any service tax obligation on us or it would be a negative listed service .
Note that some the product to be manufactured would be exempted and some would be taxable .
URGENT


Pooja Mor
This Query has 1 replies

This Query has 1 replies

04 February 2016 at 14:19

Service tax on home delivery of food

Can we deny service tax on home delivery of food from restaurant (in any state) on basis of clarification by CEST , Chandigarh?


CA Pankaj Kumar Sharma
This Query has 2 replies

This Query has 2 replies

04 February 2016 at 12:58

Registration requirement under st

Dear Sir,

I would like to know, whether registration requirement under service tax shall be mandatory where all services are exported out side India as per rules of exports, for both Companies and Individuals, exceeding Rs 10 Lacs.

As per under analysis of Exemption to Small Services Providers, the turnover for first 9 Lakh does not includes following;-
1. services defined under negative list.
2. Exempted Services by way of exemption notification under service tax
3. Exported Services
4. GTA Services.

Kindly provide your valuable suggestion on this.


Vaibhav
This Query has 2 replies

This Query has 2 replies

04 February 2016 at 12:50

Service tax under gta

Dear Experts,

We have amend the registration for GTA service in Dec-15.
Can we pay off the service tax under GTA and claim the Cenvat for the period of Apr-Dec' 2015

Thanks in Advance.



Anonymous
This Query has 2 replies

This Query has 2 replies

04 February 2016 at 10:57

Renting of immovable property services

Dear Sir,

We one running a Charitable Trust. It is registered u/s 12A of the IT Act 1961. Trust income is utilised for the Charitable causes and object of the Trust. No exemption u/s 80G. This year, in March 2016 the rental income from the Commercial properties comes to Rs.10,41,000/-. It is crosses Rs.10 lakh, the threshold exemption limit of Service Tax. Trust has paid property tax for the commercial properties around Rs.57,500/-. If the said municipal tax Rs.57,600/- is deducted the net rent amount comes (10,41,000 - 57,600) Rs.9,56,400/- (i.e) below Rs.10 lakh. So please give us your guidance for the following:
(i) Shall the Service Tax Registration be done for our Trust in March 2016?
(ii) After deduction of property tax the threshold limit comes below 10 lakh. In such circumstances, shall service Tax Registration be done?.
(iii) The Trust has property income on 8.70 lakh in last year 2014-15.

so please advise.

Thanks & Regards,
C. DURAIRAJ
Karaikudi


Rajib Saha
This Query has 1 replies

This Query has 1 replies

03 February 2016 at 22:47

Reverse charge

Ours is an Educational Institution having huge Campus. Recently, we have engaged a Civil Contractor to execute certain civil construction job inside the campus- contarct value more than Rs. 10.00 Lakh. My query:

1. Whether we are liable to pay service tax under Reverse Charge Mechanism.
2. If yes, how much?
3. Can the Civil Contractor compel us to pay Service Tax





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