Hiren Parikh
This Query has 1 replies

This Query has 1 replies

16 March 2009 at 16:48

Service tax credit utilisation

Can I utilise service tax credit availed on travel bill (Travelling done by sales people) against the excise payable on sales?

Can I Treat the travelling exp., telephone exp. and postage and courier exp. as an input service for the purpose of utilising service tax credit against Excise duty?


Ashish shah
This Query has 3 replies

This Query has 3 replies

A company has appointed C&F agent for the custom formalities. An CF agent is incurring certain expenses on the behalf of the company which are reimbursed by the Company. Vouchers of all these expenses on the name of Company itself. Whether company can take service tax included in such vouchers, if origingal payment is made by CF agent and reimbursed by Company.


Ashish shah
This Query has 1 replies

This Query has 1 replies

A company has appointed C&F agent for the custom formalities. An CF agent is incurring certain expenses on the behalf of the company which are reimbursed by the Company. Vouchers of all these expenses on the name of Company itself. Whether company can take service tax inclueded in such vouchers, if origingal payment is made by CF agent and reimbursed by Company


Ashish shah
This Query has 1 replies

This Query has 1 replies

A company has appointed C&F agent for the custom formalities. An CF agent is incurring certain expenses on the behalf of the company which are reimbursed by the Company. Vouchers of all these expenses on the name of Company itself. Whether company can take service tax inclueded in such vouchers, if origingal payment is made by CF agent and reimbursed by Company


CA Hemraj Zambauliker
This Query has 1 replies

This Query has 1 replies

Assessee is a exporter, who receives remittance in foreign currency from the overseas customers. the remittance received is after deducting negotiating charges involved. Is service tax liability will be attracted on this charges. And that too receiver of these services ids liable for paying service tax. secondly if the service receiver pays the service tax to govt. can he avail credit against the same towards paying his excise liability


shuvendu ghosh
This Query has 1 replies

This Query has 1 replies

16 March 2009 at 13:21

serice tax liability

A sum of amount received ( advance) on may,2008 against software license then it was not covered under servec tax. But I realased the licence on feb,09 to my customer and genarated invoice after purchasing from vendor then it was covered under st. From which date ST liability will be created on the advance amount received on May,2008 against that license ? urgent.


Inder Bhushan Gupta
This Query has 1 replies

This Query has 1 replies


Our company is engaged in manufacturing of Automotive Parts. The company have available Cenvat Credit on purchase of Capital Goods and Inputs for manufacture of goods.

The company have also the registration No. for Consulting Engg. Services under service tax act.

The company has provided a consulting engg. services and hv to make payment of Rs. 10 lac on account of service tax.

My question is whether this amount of service tax liabilty payable by us can be adjusted from Cenvat credit available by us on purchase of Capital Goods and Inputs.





venkatraj.c
This Query has 3 replies

This Query has 3 replies

15 March 2009 at 10:29

LAbour charges

If I am doing Labour work to one of the Merchant Exporter, whether i being the propietorhip company has to collect the Service Tax ? or am i exempted?


priyanka
This Query has 2 replies

This Query has 2 replies

14 March 2009 at 21:11

Input credit availment

In case of input credit availment, is there any option of availing input credit at the ratio of taxable and non taxable?

If yes then how it is computed?

The ratio percentage is applied to output service tax payable amount or input credit avaible amount?

Also how is the same settled / claim...etc??

Please advice it is very urgent....


indira
This Query has 3 replies

This Query has 3 replies

14 March 2009 at 19:16

Repayment of service tax collected

Dear all,
WE have been collecting service tax from our clients from the beginning of the year. But we did not make any deposit with the govt. Now we have realised that our domestic turnover is less than 10 lacs. Can we now refund whatever we collected to our clients. Please help me with this. And in the previous year our gross receipts were less than the stipulated 8 lacs.






CCI Pro



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