Hello,

One of my client is an CNF agent. He does the selling on behalf of companies. He get all the expenses reimbursed from the company. He additionally charged commission to the company.

Want to confirm whether we should charged service tax on reimbursement? Please provide the circular if any.

Also to let you know that we charged the service on commission.

Please let me know ASAP.

Thanks,
Hemal Parikh

Jai Hind To All of CA Club Member,I just want to know which form should i use to make a refund of service tax & what's the procedure to claim refund.The company is registered in service tax & According to new notification 17/2008-service tax company can make a refund for service tax.
Plz help me
Thank's
mudit_bansal001@yahoo.co.in

Is there any Service Tax Return Preparer Scheme is coming up. If so when and how can one became a service tax return preparer.

Can i take credit of service tax amount (in 2008-09) of previous year( 2007-08 ).which has not entered in recoverable (whole amount booked in expenses)
please suggest me

Dear sir,

While making payment to BSNL.We will make entry as follow:

Telephone expenses ac ----Dr.
Service Tax rece ac ------Dr.
To Cash / bank ac.

But this Service Tax Reced Ac will show Debit balance.What will be the next accounting entry & Taxation provision.

Plz tell help me.

can i know what is the provision of service tax on foreign commission and there is any basic limit for execmption for payment of foreign commission made without paying service tax ?

By virtue of notification n0.17/2008, can an export organisation claim service tax paid on the commission to its foreign agents?

Can Service Tax CENVAT Credit on Input Services be availed from before the date of Registration. One of my Client are engaged in Export of Services which are Taxable Services though exempted under Export of Services Rules. Centvat Credit can be availed for the Input Services/Capital Goods Used for the above Services.They have recently got Registartion and now also supplying Services in Local Market entailing Service Tax Liability. Can they Claim CENVAT Credit filing Return for the Period before the dt. of Registration by filling return (after paying Penalty for Delay in filing Return of Rs. 2000/-)and utilise the same for paying service tax liability.

Hello,

Service Tax was not above 6 lacs in the previous year. So in the current year we can have a exemption limit upto 8 lacs. Please confirm?

I had collected 2 payment of April & May 2008 including service tax which is already paid to govertment. But want to confirm whether i can discontinue collection from June and Payment from June. Please confirm

Thanks,
Hemal Parikh

Renting of immovable property is taxable service under secvice tax Act. But when a person transfer a property to another person and legal formalities is still pending. In that situation the rent received from the tanent is taxable in the hand of the seller of buyer. Another question is that the tanent is not paid rent to the buyer because he is not the registered owner of that property. He pays the rent to the seller and seller further transfer the above rent to the buyer. In that situation what is the treatment of service tax act.