Sir,

I have the following query:

Assesse is a subsidiary of a company. It incurs Rs. 100/- on behalf of holding co and bills the same to holding co for Rs. 110/-.(Rs. 10 being its administration charge)

Now my question is that on what amount service tax is to be charged?

Also note that incurring expense on behalf of holding co is not the recurring transaction for subsidiary.
Thanks In Advance.

Is there any change in abatement in Goods Transport by road Service.

Guys,
The assessee is collecting say 1000 as rent and st of 123.6. He has paid property tax of say 100. So actual st liability is (1000-100)*12.36% which comes to 111.24. If the client chosses to pay as per the assessable value, he would have collected excess ST. So the best way woud be to pay of the whole service tax collected right?


As per Notification No. 29/2012, Assessable value for renting of immovable properties is Gross value LESS property Tax paid (On proportionate basis.
If assessee pays excess service tax he can adjust it upto one year.

Kindly clarify.

Regards Sashi

pls explain all the concept regarding reverse change mechanisam uder service tax

sir,
if a service provider provide a service to non resident for developing software, the amount received from that non resident is taxable under service tax act. please answer my query as soon as possible.

In case of Works Contract, a consolidated invoice is raised for VAT & Labour. The client is registered under composition scheme for VAT purposes, then Composition Tax is collected @ 4% on total contract value and paid to the Government. The actual labour is about 30% of the project value. But as per ST rules, Taxable service in case of non-original works contract is 70% of the contract value. Please suggest whether he has to collect ST only on 30% of the contract value or 70% as per ST rules.

Also Can he raise two separate invoices for labour & VAT? If so, then as per COT, tax should be collected on total consideration of the contract, which will be 100% of the contract value. Then one invoice will be 100% of contract value for COT & 30% of contract value for ST, which will impact my turnover in books. Please guide.

dear sir,

on of my client registered under the COT (Commercial tax) and Service tax. AS per COT he has to pay tax on 100% of the works contract and also on 70% he has to pay the service tax.

But as per explanation given by him,,, he has only 30% of the labour involved in his work and remaining 70% is the material.
So he is in situation of not getting any tender work if he quotes such an higher value for the work .

What can be the solution in favour him. kindly suggest.

thanks in advance

In Logistics Co. providing service of Warehousing , Transportation & Custom Clearance , whether complete CENVAT credit allowed of every input service as on Transportation by road in reverse charge , there is no CCR to service provider. So , whether for eg : on Internet bill they can claim entire service tax paid as CENVAT , if not , then whether there is prescribed method for segregation by service tax laws.

Dear sir,

While paying service tax , wrong assessee code & name got selected.
How can i rectify this.
Kinldy advice.

Dear Experts,

I am working in a Private Limited company.
I got an invoice from an proprietorship concern for a contract work done. In the invoice the service tax charged @ 7.416%(after abatement of 40%).
Please guide me whether we have to pay Service Tax on RCM basis. If yes, on what amount?