Hello experts,

If the turnover of an individual/firm is less than 10 lacs, he is not liable for service tax. However, he can still apply for a registration number. If he is not liable for paying tax, he should ideally not collect the tax from the customers. But by quoting a registration number, he can still collect the tax. Are there any provisions to prevent this type if misuse of tax?

Regards
Soumya

Dear sir,
Please explain me the concept of Service Tax on Intermediary service.
when a service provider qualify as Intermediary service provider ?
For Example :- In case of import-
A importer(X) hire an Indian logistic company (Y) for import of goods from US. The Indian logistic company hire a company (Z) in US for performing all the task/job in US then Z raised it bill ( including profit share ) to Y. and then Y charge consolidated amount from X for service perform by himself in India and by Z in US after inclusion of some profit share and collect the said amount. after collection Y pay amount to Z for service perform by Z in US .
Now my question is
1. whether Y is an "Intermediary"? if yes then whether on principal to principal or principal to agent basis ? If no then Why ?
2. whether Y is require to pay Service tax under Reverse charge mechanism for imports of service ? If yes/No then why?
3. whether Y is also render a service to Z i.e. Collection service ? If yes then are y is require to charge service tax ?
4. If Y collect Rs.1000 i.e. ((210+90)+40+60)=400 (Rs.40 is profit share charged by Z in his invoice and Rs.60 is profit share charged by Y on invoice of Z)for service perform by Z in US and Rs.340+70+90+100=600 for service performed by himself in India (Rs.70 is for Freight and Rs.90 shown as reimbursement of expense and Rs.100 is profit share ).On what amount Y is require to charge service tax from X.

Respected Sir,

May i Know whether the my client (company) is eligible to take input service tax credit paid under Reverse charge mechanism on manpower supply contract.


Thanking You

Dear sir,

We are a body corporate ( service receiver)

& receive bill of Motor car vehicle repairy work from other than body corporate party.

The said bill inclusive of spares part & labour charges.
In above my query is whether this bill is treated as works contract & attract service tax yes or not.

You are requested guide in above matter.

One of the company of whose service tax return is to be filed for Oct to March 15, the total service tax paid during Oct to March 15 is 4000 but when i calculate the penalty for late filing of return as on today, it comes to Rs. 6900, so shall i pay Rs.6900 as penalty or restrict it to Rs. 4000(to the extent of service tax paid). Due to specific mention in service tax that penalty cannot exceed the service tax paid.

Is it still applicable? Kindly update.

Hi,

I want to open a company for tech support. I have the options to register it either in US or India but i am confused about the taxes applicable to it.

company services will we rendered from the Indian soil to US customers....just like a bpo.

Where shall i register the company for economical taxation on my company?

Thank you,

If the total commission of insurance agent is 3 Lacs and he provides consultancy service of Rs.5.5 Lacs to a firm, can is raise invoice without charging any service tax as total amount is below 10 Lacs.

Is it therefore beneficial for service receivers to use the services of small service providers to save on service tax?

Being a service provider of various services and with out knowing the taxability of a particular service we have paid service tax on the service which is not taxable along with the interest for the FY 2014-15. Now i got to know that the service tax paid is on not taxable service, in this regard i would like to know whether am i eligible for adjustment of such service tax paid along with interest as advance tax paid for the CY 2015-16.

Kindly provide us the suggestion also if there is any other way to utilize the excess paid tax. Kindly provide us the procedure to be followed for the same if any.

Procedure for service tax return filing ,last date for filing the return

Dear all expert. I have given my 5 Machine. Which i have given in factory on rent basis against which i receive rent every month, before that i had made a agreement "TRANSFER OF RIGHT TO USE THE GOODS" on groud of u/s 366 of Constitution of india
Now Service tax department had given me notice and after hearing my plea they have show cause of Rs.20 Lakh service tax demand. My plea was that the machine have been given by on term of agreement. They are not accepting my plea and constitutional rights u/s 366 have been set aside.
Please clear my doubt.
Thank u all