As per recent notification w.e.f 01-04-2015, 100% reverse charge has been introduced in case of provision of service of manpower supply by individual, proprietor, HUF, partnership or association of person to any entity registered as body corporate. I m doing statutory audit of a bank whereby it pays 100% service tax on service provided by security service provider as well as services provided by telecommunication service provide; however it takes credit of only 50%. I think it is incorrect and the bank is eligible to take 100% CENVAT credit. I want to know whether the bank's treatment is correct or not? If yes, then kindly explain along with supporting notification/circulars, if any.

One of my client wishes to get himself registered under Service Tax. His problem is that he is not having rent agreement of premises since he has obtained the premises from his relative without any consideration. Also, he does not have any utility Bill in his name/Firm name

As per New process, NOC from owner can be submitted as proof. Please let me know whether this will be sufficient proof instead of rent agreement. If no, then what is the alternative
Also, is there any specified format of NOC ?

Dear sir,
Our company is Pvt. Ltd. Manufacturing of electronics goods.(Printed circuit Board) Our annual turn over is below 1.5 cr. We are also doing job work ( Receiving PCB along with Components) mounting of components through automatic machine and some part of manually on PCB. We are doing billing as a job work. but we are not clear about service tax. We should charge Service tax or not.

I will highly appr. if you will clear our query.

Waiting for you reply.


Regards


Surender Uniyal

I have been offered a consultancy project by a private industry with a total cost of 18 lakhs under various heads:

i) Consultancy fee: 5 lakhs
ii) Salary for the manpower to be hired for the work: 4 lakhs
iii) Chemicals and other consumlables to be used for the project: 8 lakhs
iv) Travel: 0.5 lakhs
v) Hiring Services: 0.5 lakhs

The purchase of chemicals and other consumables for the implementation of the project involves the payment of VAT too.

Please advise which "heads" of the project are covered under service tax. Am I supposed to pay the service tax on the total cost ?

Hello experts!!

Greetings. I work as a GM in a 3 star hotel in Hyderabad. We are availing abatement of ST @40%, i.e. we pay ST on 60% of gross room sales.

My question is are we eligible to claim input service tax while still availing abatement?

Thanks for your clarification.

Best regards.

Murthy

Two Firm having common partner and same nature of business but with different Service Tax Registration Number and both firm having Gross Receipt less than Rs. 10 lakhs, Is they required to issue Tax Invoice for Service Tax ? ???

My Quary is Applicability of Service Tax (RCM) on Labour charge:
we have hired labour individually in our own source not any Contract or Agency of Manpower supply.
Labour worked in our factory 15- 30 days then they left. we have to pay their remuneration/Charges & debited to labour charges.
Pls advice we have to pay this labour charges service tax (RCM).

Dear friends

There is a business deal between my client and another investor that my client should earn considerable return in stock market e.g 4% pm. It should be shared between them 2.5:1.5.

Query:
1. Is it a taxable service?
2. Any abatement thereon?
3. what is the heads of income under income tax for my client?
4. my clients are 2 persons i.e can the service tax be obtained in 2 persons name joinly since MOU stands with 2 persons on one part.

Hi, i have got a bill of consulting charges (Business Promotion) for amount 250000/- where service tax has been charged for 12.36% whether we can take the input credit or not, if yes request to plz explain with example.

Hi,

I run an online business with the following income streams and need advice on whether I need to register and pay for sales tax or service tax for any of them:

1. Website development and maintenance services. All customers outside India. Payment collected via paypal and via a reseller. Even the reseller pays to us in our paypal accounta and from paypal account, we transfer it to our Indian Bank account. The total amount earned is above 10 lakhs p.a. but this is an export of services. I have read that this is exempt from service tax, but I need confirmation. Do we need to register/collect service tax?

2. Online sale of digital products such as Question banks and study notes in PDF format. Sales all around the world. Total sales below 5 lakhs. Do we need to register for sales/VAT, etc for this?

3. Advertising income from google. We have a website on which we have placed google ads and we earn money from these google ads. Total income per year is about 4 lakhs. Do we need to pay service tax or sales take on this?

4. Affiliate income. We earn affiliate commission by selling digital products of various companies. Such as affiliate commission on web hosting, online software, study notes, question banks, etc. Total income is about 1 lakh p.a. but may increase substantially. Since we are reselling and just taking commission, I am sure there is no tax involved, but would still like to confirm.

I really appreciate any help regarding any of the above points.

Thank you,