This Query has 3 replies
I have little doubt regarding the service tax applicability on construction business.
1) Is there an option with builder to go with Notification 26/2012 @ 75% or 70% abatement on gross value including the value of the land. OR
2) With notification 24/2012 wherein as per Rule 2A(i) or 2A(ii)
As there are two business models in this industry whereby
1) Builder will sale undivided share in land to buyer and enter into construction agreement on the same.
2) Builder will enter into agreement for sale on the completion of construction and collecting installment from the buyer at predetermined intervals.
My questions are :
1) Do i have an option as builder to chose notification in 24 or 26 ?
2) On the basis of above business models, if the 1st model is in existence, as a builder can i opt for notification 24/2012 as such model is purely works contract ?
3) And if 2nd model is in existence, can as builder i opt for notification 26/2012, as its agreement for sale including land also foe which my Gross Revenue charged would include Land value also ?
This Query has 1 replies
Hello,
i have one question on service tax,
one of our client is locating in India and there another office is locating outside India.
now we have received Purchase order form outside India and we will send invoice to outside India but we will provide service in India.
do we have to charge Service tax to on Invoice.
This Query has 1 replies
Dear sir,
we are public limited company. our MD was paid membership fees for business solution and he bought the invoice in his name with company address. my question is that service tax is eligible for cenvat credit or not eligible to the company.
This Query has 1 replies
Hi All
i have not filed the Service tax return from April 2015 till date, i want to file in March 2016 for both the periods, shall i file d return without paying the penalty on late filing or its better to pay the late filing fees before filing the ST3.
thxn
This Query has 2 replies
if any service tax demand ,penalty & interest demand by service tax department is allowable if allowable under which section
Demand
Penalty
interest
This Query has 4 replies
Hi All
Black CAT Security Services ( Proprietorship Firm) provides security services to ABC Pvt Ltd. co. where he does not show his ST No. on the Invoice, so is ABC pvt ltd. liable to pay Service tax to the government???????
the expenses are 79000/- is ABC pvt ltd. still liable to deduct tds if Black cat provides PAN Card Copy???????
thnx
This Query has 3 replies
Our client provide telecommunication service (service receiver), for this they are receiving the service of renting of motor vehicle for the employees to see the faults at their various tower locations and paying ST to the service provider of renting of motor vehicle.
Can our client (service receiver) avail/utilize the CENVAT Credit?
Please help.
Thanks
This Query has 2 replies
Dear Sir,
May you tell me.my company in two apartment one retail business and second service business. company paid rent in retail business and receive rent from service apartment so my company can cenvat of retail business adjustment in service business.
This Query has 1 replies
the limit for getting registration is Rs.9 laks for ssp. so is this limit inclusive of service tax? eg. i am ssp. my total receipt for py 2015-16 is 9laks inclusive of service tax. shall i have to get registration?
This Query has 4 replies
Sir,In case a goods transport agency provides transportation services to a company assessee,hence how should he raise a invoice.Amt inclusive of service tax or not?
All Subjects Combo (Regular Batch) Jan & May 26
Service tax on construction