Sir, we are accountant of Restaurant and output services are charged at Abated value of 40% but we are taking the Input for professional and other service @ 100% of service Tax, please let me know whether the ITC is to be taken @ 100% or abated Value @ 40%

I have received invoice from manpower security supplier dated 28.02.2015 and service also completed 25.02.2015. I have make payment of such invoice and also paid paid service tax @ 3.09 as charged in invoice.

Now i want to make payment in RCM in July 2015. Now whether we have to deposit service tax @ 14% of 100% liability or @ 14% of 75% liability ?

Sir/Madam,
One of our client providing construction services(W.C) and also earlier he opt composition scheme.But he charged service tax @2.47% on total consideration.I am not getting on which basis he charged 2.47%.Please replay on which basis he charged above said rate. If it is wrong,provide what is the rate.

Dear Experts
Our Company engaged in a business of commission on Air freight (We collect the Perishable items from various part of the market in one city Ex., Bangalore and Forward these items to Other city Ex., Delhi to the actual Buyers of this goods where this buyers not directly connected with Freight Forwarders) Here we just act as a Commission Agents. When we dispatch the item to Freight Forwarders they raise AirWay Bill in the name of Buyer or Consignee located in Delhi. But they Bill/Invoice to us fortnightly on our Company Name. daily when we receive Airway Bill, we i.e., our Company raised the invoice to buyer or Consignee located in Delhi showing the details of Actual Freight Charges as Reimbursement Expenditure which is collected from buyer or consignee located in Delhi & Separately showing the commission on the invoice. Here we are not collecting service tax on Reimbursement Expenditure but collecting Service Tax on Commission only
We have doubt about service tax on reimbursement expenditure of above transaction which is allowable or not. If it is allowable then no need to pay service tax on freight charges? Please clarify.

Dear Sir,

According to new amendment for delayed payment of service tax w.e.f 01.10.2014 interest rates are modified i.e:
Upto six months = 18%
Beyond six mths to one yr = 24%
More than one yr = 30%

Now I want to know if due date of payment of service tax is 05.01.2015 but actually we are paying in July'15 then no. of days for calculating interest will be from
1. 05.01.2015 to 05.06.2015= 18%
2. 06.06.2015 to 06.07.2015= 24%

OR

1. From 05.01.2015 to 31.03.2015 = 18%
2. From 01.04.2015 to 06.07.2015 = 24%

Please reply soon.

Sir,
Whether service tax applies to fettling and Shot blasting services..??
If so, is there any abatement ?
under which category , it is taxable ?

If not, is there any exemption ?

One of our client has a software business in India. They paid some amount for participation in a business conference/exhibition (which was held outside India and payment was also made to a foreign company) to display their software in foreign to increase their business. Please tell whether they are liable to pay service tax under reverse charge or claim as event based service under POPS rules.

We run Excisable manufacturing firm.
I have query about service tax payable (RCM)on GTA.

Service provider issue bill with service tax then we have to pay service tax(RCM) on that bill when service provider already collect service tax?

Dear Sirs,

I received INR 2 lacs from a client on 23rd March, 2015. I recorded the same in books as Loans & Advances. Now I want to book the same as Income. When am I liable to pay service tax on same? If i book it as income on 15th April, will I be liable to tax for Quarter 1?

I have got Service Tax registration last year however in last year and current year my gross receipt was less than Rs. 10 lack. Neither last year nor current year I have collected Service tax but filed the return as zero. Is it correct?