This Query has 3 replies
Sir "out of pocket expenses" is chargeable to FBT if not included in audit fees of chartered.
What's the exact status of chargeability of out of pocket expenses in respect of service tax as well as FBT.
Recommend the favourable action which should be followed to provide saving to our client.
ur response will definately give me edge.
Thanx in advances.
This Query has 2 replies
Does Processing Fees Charged by NSDL, CSDL, BSE, NSE or other govt bodies or local authority include service tax amount in their invoice.
(if in the invoice, service tax is neither seperatly charged nor mentioned ,can we take the input credit on the assumption bases that this government bodies generally charges service tax)
This Query has 2 replies
Resepted Sir,
I am working in Private Co. I want to Know how to Caculate Basic Rate & Service Tax
Qty. 296707.76*.37 = 109781.87
2% on Amount = 2195.64
Total = 111978.00
I want to know the what will be bill amount Rate & What will be Service Tax Rate. This total inculded service Tax.
Please help me.
Thanks
This Query has 1 replies
Our customer has given us written purchase order on door delivery basis. Our selling rate includes freight component & we charge on basic+ED+VAT basis.
For freight charges which we pay to GTA, can we claim credit of service tax paid on such freigth charges? (75% abatement considered at the time of servcie tax payment).
This Query has 4 replies
can both service tax and income tax be levied on renting of immovable properties ... this issue was under contraversy ,,, what is the clarification
This Query has 4 replies
I am already registered with service department under authorised service station category, i am opening a new branch at a new location , on asking the authorities i was told that they will give a branch liscence only if i maintain centralised accounts i,e continuous serial number.
Is it legally allowed to take a new liscence at my branch as they are advising me to do so
This Query has 6 replies
Hello,
The company has installed 12 fixed lines (base telephones)from Bsnl,Mtnl etc. These telephones are installed at the address of the directors residences
some of these connections are taken in the name of the directors of the company.
Company has availed cenvat of service tax on these telephones bills paid by the company moreover Dept. opposed to disallow cenvat avail on the bills
1- which are not in the name of the company
2- which are in the name of the company but have the address of the residence of the directors of the company.
simmiliar sitituation arise in the case of the mobile phones which in the name of the Director and having the add. of the factory and which r in the name of the company but having the add of the residence of the director .
Moreover Company has shown the residence of director as purchase office/sale office for the purpose of convienence, being away from the main city although no rent is being paid by the company for the same to the directors.
i would request to u plz advice whether the company is eligible to avail the benifit of cenvat of service tax paid on the telephones/ mobile phones if yes plz give the reference of any decided case laws or notification
Thanks
This Query has 3 replies
sir, can i adjust the excess amt of ser tax which i paid in last quarter?
This Query has 3 replies
sir,
we r apvt.ltd.co, working as a builder, we gave the works cotract ( excluding cement & steel),
my querry is that when works contractor raised the running bill, then at what amount he will charge service tax,
bcoz in notification no. 29/2007, mention the value of work contract service determined shall be equivelent to the gross amount charged for the works contract LESS the value of TRANSFER OF PROPERTY IN GOODS INVOLVED IN EXECUTION OF WORKS CONTRACT, and LESS VAT TAX,
then in the case of works contract we will deduct all material used in execution of work contract is it right ?
This Query has 1 replies
Dear Sir, I want to know who can claim Input Tax Credit and what will be the answer incase of Ser. Tax. on transportation. If the Company's Ser. Tax is deducted in advance then how can it claim input tax credit? I will be tankfull for reply.
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Out of pocket expenses