Hi,

Please guide about calculation of service tax on works contract.

& also what is abatement for service tax in construction field / works contract.

Whether Service tax is liable on contractor who enters into a contract wiith a Group Housing Society for the construction of 120 dwelling units during period from 2004 to 2007 in which the contractor has paid the sales tax under works contract during the time of its construction

thx

Shweta

Is it compulsory to pay E payment of servicetax if yes then which site i refer to and what is the Gate way for paying it.

Ours is a service company. Can we claim service tax credit on excise duty paid on some capital items purchased from service tax payable along with service tax on input services?

Dear All,
I m working with PSU which is a Service providing Co. As per ST act assessee is liable to discharge the ST liability when receive the amount from Customer for which service has provided.
In some of cases we set off the amount from sister concerns or issues a Credit Note.
My query is that whether setoff amoutn or credit note amount is amounts to discharge the liability or not.
Example:-
22.05.08 AB Co. Dr.
To Income
To Ser. Tax Payable
amount Received on 16.6.08
16.6.08 Bank Dr.
To AB Co.
in this case ST payable Liability will be discharged till 05.07.08

QUERY

(1)If we have not received amount but we have issued credit note : whether it amounts to payment received or not

(2) If we have adjust the amount from its sister concern ABC & Co. :-whether it amounts to payment received or not

(3)If we adjusts deom Security Deposit:-whether it amounts to payment received or not

Interior Decorators of (residential houses and commercials), and carpenters ie doing furniture work are liable to Service tax or not?

If Yes, then what will be Service tax rate Liable to pay?

Dear Sir/Ma'am

I would like to know whether penalty is payable under section 76 as well as under section 77 for delay in payment of service tax within due date?

If not , can penalty be paid under any of these sections?

Dear sir/Ma'am

I would like to know whether penalty is payable under Section 76 as well as under section 77 for failure to pay service tax within due date. if not , can the penalty be paid under any of these section.

We at our bank levy prepayment charges on our customers for early repayment of loans.
Are the prepayment charges( charge by all banks) are also liable to service tax?
pls confirm it with support of notification if any in this regard by CBEC or any other authorities.
and are we right in charging the customers with service tax as we treat it as service.
Urgent reply pls.

we are a firm arranged a get together program at taj.they submitted the bil as follows..

food 100
beverages 10
110
service chrge 10% 11
vat on food &beve 7.5% 8.25
service tax 12% 13.20
service tax on SC 12% 1.32
edu cess 3% 0.4356
vat on servicecharge7.5% 0.825

145.0306
is it correct.