Say I am an estate builder. What shall be my Service tax applicability in the following cases :
1. I am undertaking a SRA Project. Is service tax applicable, if amounts are received and if not received from the slum dwellers who are allotted the flats in rehab building?
2. I am undertaking a re-development of old property. Is service tax applicable when units are allotted in exchange of old units occupied at concessional value or free or excess area allotted ?

Secondly in our line booking the flat prior hand & then cancellation of the same is very common. What is the applicability of law in such cases in case ST is already paid when the booking is first made.(under existing law & under provisions on budget 2010 proposals).

In case of above, if some booking is cancelled by one person & re-booked by another person within the same group & in this case cancellation is 100%. Then what can be done?

If a service provider is mentioning old Service Tax Registration number in his invoice, is it valid for taking credit?

Any person is propritor of two firms and ternover of both of them reach up to 10,00,000 or 12,00,000 then service tax is liable for both the firms?

Weather GTA is liable to pay pay VAT if it is purchasing corrugated boxses for packing of goods and paying vat on such boxes.GTA is also making consolidated bill of total amount including boxes cost and service charges?
plz guide me....

As per budget 2010, Before the completion of the construction of commercial or residential property AND receipt of the completion certificate from the concerned authorities, if the builder receives any payment as advance (either in part or full) for the proposed office/flat. Then such sale shall be subject to service tax. But in majority of cases estate developers receive completion certificate very late or sometimes they don’t even take the completion certificate, leading to a situation wherein, all of the agreements with customers could attract service tax. The query is that whether Occupation Certificate (OC) can be treated at par with completion certificate OR completion certificate is a must for the purpose of levy of service tax.

Is there any abatement granted to the service provider in case of construction of residential complex with reference to the Finance Act, 2010? [By virtue of Finance Act, 2010, an explanation has been added in sub caluse (zzzh)]. If yes, what is the quantum of abatement?

Kindly give the reference of such notification, if any!

hi..


can any body please tell me whether an existing assessee having a RC can apply online for surrender of RC.

We are in wholesale and retail business of baby products. we pay service tax on rent of shops at different locations in india. Now we have a property in india which we want to give on rent. Can we register and take set off of service tax on rent we pay. If there is refund can we claim it and what are changes of our getting it.

Thanking you in advance

we are filing servce tax retun for half year ending octobet - march - 2010 for which due date is 25 apil 2010, and we file return on 27.05.10, please advicde me, please advice me how much penelty we liable to pay

Sir,
In first year, service provider has more than Rs. 10 lak turnover. He gets service tax number and pays service tax on above Rs.10 lak turnover.
In the next year his turnover remains 5 lak.
Again in the third year, his turnover remains 5 lak and he does not hope to have more turnover.
What should he do ?
1. In second year is he supposed to pay service tax?
2. In the third year also is he supposed to pay service tax?
3. Suppose he surrenders his service tax number in the second or in third year, can he get again service tax number when his turnover exceeds taxable limit ? Can he again get threshold limit exemption ?

Thanks