Dear All,

I have a doubt regarding Reverse Charge on Rent a Cab services. According to me there are two cases i.e. Abatement or Non abatement, Accordingly rates are different for these two cases.
i.e. Abatement - 40% of Service Tax 14%
Non Abatement - 50% of Service Tax 14% (w.e.f 01-10-2014)
So i want to that m i right or wrong for these rates as mentioned !!!!

I have recently taken service tax no for my business of mobile repairing which i have started few days back. Now is it compulsory for me to charge service tax from the very first invoice. ?? There is no chance that i shall render taxable service of Rs 10 lakh in this financial year.

Service Tax Rate on -

Goods Transport Agency – Abatement?

Dear sir please advice and clarify the problem , we have uploaded ST3 return within due date for the period Oct to Mar 2013-14 period. Now I checked to take ST3 Return print out but unfortunately at the time of return uploading it got error return not filed now I observed bit I have acknowledgement for return in time submission. now I re filed the return in July 2015 with correcting technical errors. but return date shows July 2015. what can I do sir.

Dear Sir/Madam,

Can an assessee file revised service tax return after 90 days of filing the original return.
What are the consequences and solutions.

Thanks in advance

Regards
Dhwaj

can anyone pls tell me that whether foreign remittance is taxable under service tax.

please reverse charges machine cam method

hello friends,

my company availing renting of cab facility from around 30 SP.some SP charge ST on 14% of 40%i.e.on abated value while other charge on non abated value i.e. 50% SP and 50% SR.

now being a SR when i am trying to file ST-3 there is only 1 option to choose 40% or 50%.

Now how should i file my St-3.
Please help me....

Dear sir,

We are into the business of cosmetics treatments , where service tax is applicable @14% .

WE came to know that one of our competitors is issuing invoices where service tax is not shown separately.

(1)They are showing TIN number on the invoice but not service tax number.
(2) There is a statement on bottom of invoice : Amount paid inclusive of taxes as applicable.

(3) As per one insider they pay partial service taxes as they divide revenue into material and service. And pay pay service tax on service part only.

(4) Please enlighten me , is their method legally correct ?

Thanks in advance.

I have received an Invoice from Manpower Supply Agency where Service Provider is an Individual and Service Receiver is a Corporate. Accordingly as per Reverse Charge Mechanism Company will pay Service Tax at 14% on behalf of Service Provider. Which one of the following is the correct accounting Treatment for the same.
Say For Eg. Invoice Amount is Rs. 30000
TDS at 1% Rs. 300
Service Tax 14% Rs.4200
1) Wages A/c Dr 30000
Input S.T. Deferred Dr. 4200
Manpower Supply agency Dr 300
To S.T. Deferred Payable 4200
To Manpower supply Agency 30000
To TDS payable 300
OR
2) Wages A/c Dr 25800
Input S.T. Deferred Dr 4200
Manpower Supply agency Dr 300
To Manpower supply Agency 30000
To TDS payable 300

So in short at what amount we will book the expense in Books of Accounts. At Invoice Value of at Invoice Value- S.T. amount.??????