Dear All,

Kindly throw some light on the below issue.


A P.ltd has approached B advertising P. ltd for advertisement. B advertising P. Ltd has approached TV channel for advertising on behalf of A P. Ltd.

The TV channel raised bill for Rs. 100+ Service tax 10 (approx.) to B advertising P. Ltd.

B advertising P. Ltd added its profit margin and raised a bill for Rs. 120 + Service tax 12 (excluding education cess) to A P. Ltd.

How much input credit can A P. Ltd claim?

Can A P. Ltd claim Rs. 10 input credit?

Please reply ASAP.

Hello ,

We have a tender for construction of Rs. 200000 and We have purchased Material for Rs. 120000, On which amount service tax will be imposed Rs. 200000 or On Rs. 80000.

Thanks In Advance

Hoping for Sooner and positive response.

kindly let me know the process for change of address in service tax deptt. & what documents required for the same.

whether tds deducted on professional service provided by one of our client i.e (bill+service tax) & tds certificate received by them after taking into consideration the gross bill .now whether they should calculate the service tax amt. on tds certifcate & pay to the govt. as service tax liability towards the bill which was raised as the accountant tells us that it is mandatory as the tds certificate is inclusive of service tax & it had the effect of service tax in it. plz help us to rectify the accounting treatment & if possible the notification if so.

Dear,

Pl suggest how we can utilise CENVAT credit of input service for payement of excise duty liability in case of manufacturer.

1 We maintain input service register for CENVAT credit availed. But we are not output service provider.

2 Can we transfer credit balance of CENVAT of input service register to RG 23 for payment excise duty?

3 If yes, should we transfer balance lying on month end or quater end?

I have observed that some of the hotel were charging VAT 12.5% and Service tax @ 10.30% on basic cost of food as mentioned below:

Example:

Lunch costs 36000

Add: VAT 12.5% on Rs.36000 4500

Add: Service tax 10.30% on
Rs.36000/- 3708

----------
Grand total 44208
--------

I have a doubt whether both VAT and service tax is payable on basic costs.

Please clarify whether the above method of charging service tax is correct.

thanks & regards

T. Saravanakumar

Whether service tax is applicable on reimbursement of out of pocket expenditure for market research category.

Dear Experts,

I wish to revise the service tax returns for FY 08-09 (both the returns). Basically there is no change in the S.TAX amount (paid) but there are changes in gross sales amounts (for both returns).

The period of revised filing of return has elapsed (90 days from the filing of original return). Please advise if I can communicate to the Department that revised sales figures or if these is still any providion for filing a revised return.

Regards,

NT.

when there is a lot of services( say in lakh ) provided in a month and we cannot individually track the payment received in relation to which service then what we should do

should we deposit the tax immediately on invoice raise without waiting for the payment ..

or we should wait

IF A COMPANY IS HAVING REGISTRATION UNDER SERVICE TAX ACT AND AFTER THAT IF
THE COMPANY IS NOT CROSSING ITS THERSHOLD LIMIT OF SERVICE TAX LIABILITY IS
IT NECESSARY TO FILE NIL RETURN WITH THE DEPARTMENT.
IF YES UNDER WHICH SECTION.

WAITING EAGERLY FOR YOUR RESPONSE

Regards

Parag Jain
Company Secretary