can anybody tell me that one of my client purchases capital goods and pays excise duty on that.he also pays service tax which he renders service,what percentage of exise duty he can claim as duduction while paying service tax.

thanks and reg.
vamsi

Dear sir

i want ot know that is service tax is applibale in duty free zone haridwar sidcul

if applicable than how can we use the credit of the service tax in the manufacturing industry

is service is aplicable on manufacturar as the service receiver

if applicable than wht is the use of the cenvat of the service tax


pls advise

thanks & rgds
RK SAINI

Is company is liable to pay service tax on railway freight i.e. freight paid to railway dept for goods sent by company via rail.

I am trying to fill the service tax return online at aces website. I am facing a problem that it is not accepting Higher Ed Cess of 1% while filling the data. I am unable to understand since as per my knowledge the service tax is 10% + Ed CESS 2% on service tax + Higher Ed cess 1% on service tax making it as 10.3% Your help is required in this.
Regards Anil S. Kane

Hi,

I need a clarification regarding Service Tax

Our organisation is a department under Local Self Govermnent.

We have possed a building wich was leted by a 100 % Govt Owned company and we are paying Service tax on Rent.

We have sub leted a portion of building to an another 100% Govt owned Company. We have issued debitnote claiming the rent & service tax portion from the company.

But the company has denied to pay service tax by claiming that they are paying rent to Goverment[ Local Self Government department] also the space occupied by them is not for commercial purpose.

Please advise whether we can collect tax on Sublet Property

Hi

I am working with a transport company we render service of transportation of material through Air Cargo, one of our client who is engaged in automobile parts manufacturing has given us the contract rates inclusive of service tax and wants us that we do not show service tax in our bills separately as they are saying that it creates some accounting problem with their system.

Actual

Freight 5000
ST @ 10.3% 515
Total 5515

Practice Followed (how we prepare bill)

Freight 5515
ST 0
Total 5515

Although we are depositing the service tax of Rs 515 with the authorities but according to Rule 4A the bill should mention the details of Service tax charged.

So is it a default on our part? If yes what are the implications.

Good morning everyone
can some one tell me the penalty of not depositing the service tax in time & what is the penalty of delay in furnishing the STR-3

thanks

Hi

I am working with a transport company we render service of transportation of material through Air Cargo, one of our client who is engaged in automobile parts manufacturing has given us the contract rates inclusive of service tax and wants us that we do not show service tax in our bills separately as they are saying that it creates some accounting problem with their system.

Actual

Freight 50,000
ST @ 10.3% 5,150
Total 55,150

Practice Followed (how we prepare bill)

Freight 55,150
ST 0
Total 55,150

Although we are depositing the service tax of Rs 5150 with the authorities but according to Rule 4A the bill should mention the details of Service tax charged.

So is it a default on our part? If yes what are the implications.

I had taken short cenvat credit due to wrong calculation, due to which I had paid service tax by cash along with interest.

Now, as I have reworked my cenvat credit, I want to know, if I can treat that service tax payment and interest as advance payment and adjust for future liability.

My Querry is "the company for which i work was incorporated on 20.02.2009 having nil turnover for FY 07-08 and 5 Crore for FY 08-09. neither we have filed any Service Tax return nor we have deposited service tax due some unavoidable reasons. so, what are the consequences for not paying/filing of service tax. can we pay the same in this financial year, if yes, what are accounting treatment?