Manpower Service provided by Service Provider Located in India to Service Receiver Located in Singapore and where manpower in working from India.

Is it a Export of Service? Please Explain how if yes

Dear Experts,
I need your valuable inputs on service tax applicability on Import of services.

Fact of the case: Our is a private limited company a wholly owned subsidiary of Thailand based company. The company is into import and trading of Pharmaceutical chemicals. The company earns commission income from foreign suppliers.
Also the company is reimbursing the expenses to its holding company. The expenses are in nature of allocation of headquarters charges charged by holding company to all of its subsidiary. Mark-up is added to the allocation charges for transfer pricing purposes.

Further, the company avails services of consultants, contractors, rentals and many other services, Further company pays service tax on GTA, legal, labour etc on reverse charge basis.

Query:
1) Is service tax applicable on commission income? In view of amendments to rule 3 post 1st October 2014 the commission income received from foreign party will also be taxable.
We are earning foreign commission on material sold by Foreign vendor to direct customer in India. What would be the point of taxation for this and Is service tax payable by us on this income earned?

2) Is service tax applicable on holding company head quarter charges allocated to Indian subsidiary?

3) Can we take input tax credit of services received like consultants services, auditors services, rental services, security etc against service tax payable if on commission and head quarter charges? (considering we are trading company)

Your inputs are highly appreciated.

Thanks,

Good morning My question is relating to service tax applicability on reimbursement of out of pocket expense Our company incurred around 2L expense for reimbursement of out of pocket expenses to a managing consultants such expenditure is included in taxable portion or not Thanks in advance

I need your help to file service tax return for consulting engineering service. My business is proprietorship. My actual billing amount for half yearly is Rs.387328/. But I have received payment from my cliant is Rs.107328/. My question is whether i'm to show my gross amount in service tax return is 387328/ or Rs.107328.
Hope i'm to pay service tax on receipt basis as my income has not crossed Rs.50Lakhs.
Kindly help me to fill my service tax return.

is there any signature required on form ST1 for ST registration I mean can we do this procedure without help of CA

IF A PERSON PROVIDING WORKS CONTRACT SERVICES & HE IS COVERED IN PARTIAL RCM THAN WHICH RATE HE WILL CHARGE IN HIS INVOICE.HE AVAILS ABATEMENT OPTION.
1. 2.80% + 0.20% OR
2. 2.80% + 0.10% OR
3. 5.60% + 0.20% OR
4. 5.80% OR
5. 2.90% OR
6. 3.00%

I does not have service tax registration number but i had applied for it. Can I charge service tax on invoices now or have to wait for service tax registration number?

Dear Expert,

We raised a advance bill of rent of services to our tenant @ 14.00 %

will the revised rate be applicable to us and if yes then how ?

Dear Sir/Madam


If Service Tax & SB Cess payable , Can i Setup with Input on Service Tax


Thanks & Regards
Pramod

I have Question Regarding Accounting Entry under SB Cess


Example:-

1. Services Provider Raise Invoice for Rent:-

Rent 1000 Cr.
S. Tax 14% 140 Cr.
SB Cess 0.5% 5 Cr.

Party ( Service Receiver) A/c 1145 Dr.


2. As Services Receiver, We have Received Invoice, then Accounting ( if Cenvat Credit Not Available on SB Cess)

Rent Exp. 1000 Dr.
Cenvat Credit on S. tax 140 Dr.
? ( head of Voucher) 5 Dr.

TDS Payable ? Cr.
Party ( Service Provider) ? Cr.