This Query has 1 replies
Dear Sir,
government of india has just issued a notification regarding service tax refund to exporters..
can any one tell me much about this..
plz let me also know what are the services on which the exporters can claim service tax refund...
can any one tell me the procedure and the form for service tax return.
This Query has 2 replies
A Company is in the business of letting of property for commercial use.A relative of one of the Director intends to start a trading business at one of the properties owned by the Company and pay rent as a percentage of turnover.Can the Company avoid service tax libility by accepting rent as a percentage of turnover ? What about the TDS implications ?
This Query has 1 replies
I have a property in minor name and have pAn allotted and income is clubbed with his parents. The rent received is more than 8 lakhs pa. Weather to apply for service tax in the name of minor or with that of parents. Since Income is clubbed as per ITax Act No such provision under service Tax. How to show his St returns if clubbed with that of his parents.
This Query has 2 replies
I am doing one type of DSS(MLM) business named "RCM BUSINESS". I want to know that this type of business income is payable for service tax or not.
There are so many confusion about service tax.
plz give me proper guidelines.
my e-mail ID is aajitpatel@rediffmail.com
plz reply me as soon as fast
thanking you
AJIT PATEL
This Query has 3 replies
Dear Sir,
My company has asked DHL express to courier certain packet from singapore to hongkong .the bill is raised in india but service tax is nor charged on the outside india courier service charges .The service tax has been charged only on services from india.
Pls clear whether DHL is right.
regards,
ajay jogai
This Query has 3 replies
We have received from Central Excise Department to pay Service tax for the foreign agency commission since 09.07.2004. Is there any exemption, concession for Exporters on that count? Please clarify urgently.
This Query has 1 replies
Is retrading or rebuttoning of tyres not on franchise taxable? If yes pls let me know under which category of service it is taxable.
When the exemption limit of 8lakhs is crossed is service tax payable on entire services rendered or only that part which exceeds 8 lakhs?
This Query has 2 replies
Query regarding; Can service tax credit is available on proportionate basis, If unit manufacturing excisable as well as exampted products? i explaine query by way of illustration.
We are manufacturing of dutiable and exempted products, we are availing a service of labour contractor, which is used in the manufacture of final products. Labour contractor monthly basis charged the bill with service tax for Rs.112360/- (100000 + 12360 service tax).
Now question of taking a service tax credit for the above Invoice.
For taking service tax credit, we have apply the proportionate credit method like …
We have collect the production data from our production department, like dutiable production qty 1,00,000 nos and Excisable production qty 50,000 nos, so the total nos of production is 1,50,000 nos (1,00,000+50, 000).
We are applied proportionate formula like
50,000 (Excisable production) * 12360 (Service tax credit)
-------------------------------------------
1,50,000 (Total production)
=4120 eligible service tax credit
1) IS IT CORRECT WAY TO TAKE THE SERVICE TAX CREDIT?
2) Can you provide me any Judgment to established that service tax credit cannot be taken on proportionate basis?
Note: As per my view in CC rule there is no restriction to take proportionate service tax credit, If you have, please provide me.
Please give expert views.
Regards
Vijay Chitte
Executive Taxation
This Query has 1 replies
In case a servive provider crosses the exemption limit provided to small scale providers for the first time. He has to pay tax only on that amount which exceeds Rs. 800000.But if in the next F.Y his gross receipts fall down the said exemption limit then what will be the taxability of the services provided by him.
This Query has 3 replies
Dear Sir / Ma'am,
I have a query regarding Notification No.32/2007 effective from 01.06.07 issued by service tax department. I work in a construction company where before the issuance of the said notification we have paid service tax under Commercial & Industrial Construction ,Erection, Commissioning or Installation Services . I would like to know whether we can opt for payment of service tax under composition scheme of Works Contract Service provided in the said notification in respect of the job started before 01.06.07 for the said contracts.
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service tax refund to exporters