abanerji
This Query has 6 replies

This Query has 6 replies

11 March 2008 at 16:25

Small service provider

Small service provider - annual exemption limit increased from Rs. 8 lacs to Rs. 10 lacs with effect from 1st April 2008

A long-time registered service tax assessee received the following payment during financial year 2007-8 :-
Amount excluding service tax and cess : Rs. 6.50 lacs
Amount of service tax and cess : Rs. 0.80 lacs
Amount including service tax and cess : Rs. 7.30 lacs

Upto what turnover level (excluding service tax and cess) during financial year 2007-8, would it allow the Rs. 10 lacs exemption to be availed in financial year 2008-9?


Nirav
This Query has 3 replies

This Query has 3 replies

11 March 2008 at 14:57

service provided to a foriegn country

Mr.A a service provider (whose service falls under the service tax net)is providing service to recepient B who is outside India.A receives the payment in foreign currency.Is he liable to pay service tax?


SSA JI
This Query has 1 replies

This Query has 1 replies

10 March 2008 at 16:18

central sales tax or service tax

As per budget 2008 4 ner services become chargable to service tax, one of which is "CUSTOMISED SOFTWARE".

As per case of "TATA CONSULTANCY SERVICES", any software sold Whether in CDs or floppy or by any other mode, Central sale tax will be charged.

Now my query is what is difference between these "software" n "customised software" please explain with example.


Jitender Garg
This Query has 4 replies

This Query has 4 replies

10 March 2008 at 15:35

Budget 2008

As per budget 2008 4 ner services become chargable to service tax, one of which is "CUSTOMISED SOFTWARE".

As per case of "TATA CONSULTANCY SERVICES", any software sold Whether in CDs or floppy or by any other mode, Central sale tax will be charged.

Now my query is what is difference between these "software" n "customised software" please explain with example


Srinu Lanka
This Query has 3 replies

This Query has 3 replies

Hi All,

Good morning.

can any body know the new service tax rate i.e 4% for works contract service from when it will be effective


Sarvesh Mani Tiwari,CFA(ICFAI)
This Query has 1 replies

This Query has 1 replies

10 March 2008 at 10:48

GTA Budget 2008

We are manufacture and paying transportion on purchasing Raw Materail what % service tax deposited to claim subsequently earlier it was 25%of Service tax


v.nagarajan
This Query has 2 replies

This Query has 2 replies

Bangalore International Airport Ltd (BIAL) awrded contarct to build the airport at Banagalore to L&T. There are number of services are out sourced by L&T. Are the supporting service providers are eligible for Service tax exemption like the main contracter. Is there any notification or clarification from the Department?


CA Praveen Chopra
This Query has 4 replies

This Query has 4 replies

08 March 2008 at 17:20

duty drawback rate

Whether duty drawback rates differ for excise & customs portion and for service tax portion.If yes,where i can find that


CA Sanjeev Kr Jain
This Query has 1 replies

This Query has 1 replies

08 March 2008 at 08:11

service tax on goods transport agency

my firm is engaged in exports of garments. we are registered with service tax for payment of service tax on goods transport agency. since now govt has exempted this service, please let me know if service tax is payable on GTA


Laxmi Narayana Sahu
This Query has 4 replies

This Query has 4 replies

07 March 2008 at 22:07

INPUT ON SERVICE TAX

BRIEF BACK GROUND:

WE ARE A TRADER TRADING PRODUCTS ACROSS THE COUNTRY AND SIMUNTANIOUSLY WE ARE ALSO GIVING SERVICES LIKE AMC,COMMISSIONING & INSTALLATION ON WHICH WE ARE LEVING SERVICE TAX .

1.CAN WE CLAIM INPUT SERVICE TAX ON SERVICE TAX PAID ON DAY TO DAY EXPENSES LIKE ON TELEPHONE BILLS ,ADVERTISEMENT BILLS,AMC BILLS.
2.THE EXPENSES ARE INCURRED FOR THE ENTIRE BUSINESS OF TRADING & GIVING SERVICES.CAN PROPORTIONATE CLAIM MAY BE MADE.

PLEASE QUOTE THE REFERENCE PROVISIONS OF SERVICE TAX





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