AS PER AMENDED INTEREST RATES IN SERVICE TAX
IF LIABILITY IS TO PAY SERVICE TAX IS ON 31ST MARCH 2013
THEN UP TO 30TH SEPTEMBER 2014 INTEREST WILL BE PAID AT THE RATE OF 18%
NOW SERVICE TAX IS LIKELY TO BE PAID ON 31ST MARCH 2015 SO TOTAL PERIOD OF DELAY IS BEYOND ONE YEAR SO WHETHER INTEREST FROM 1ST OCTOBER IS TO BE PAID AT THE RATE 30% DIRECTLY OR IT WILL BE PAID AT 24% AND 30%
PLEASE ANSWER ME AS EARLY AS POSSIBLE
IT IS TOO URGENT

whether input and input on capital goods and input services on cenvat credit available on installation before providing of services.

what is difference between av ailment and utilization of cenvat credit

what is document required for availment of cenvat credit.

whether before service tax registration period cervice tax input credit availed after registration or not and avail the what entry should be passes for that exp.

whether without service tax registration No. we can file service tax return or not.if we have not crossed 9 Lacs Rs.

Dear All

Under cenvat credit rules for the purpose of capital goods, Motor Vehicle (MV) has been included in three different categories , i.e

Rule 2(a) Capital Goods

First
(A).....
(viii) > motor vehicles other than those falling under tariff headings 8702, 8703, 8704, 8711 and their chassis but including dumpers and tippers

Second
(B)
motor vehicle designed for transportation of goods including their chassis registered in the name of the service provider, when used for-
(i) providing an output service of renting of such motor vehicle; or
(ii) transportation of inputs and capital goods used for providing an output service; or
(iii) providing an output service of courier agency”

Third
(C)
motor vehicle designed to carry passengers including their chassis, registered in the name of the provider of service, when used for providing output service of-
(i) transportation of passengers; or
(ii) renting of such motor vehicle; or (iii) imparting motor driving skills


I understood second & third categories however, first category is not clear to me as is what sort of cases are covered i n case I.

Can anyone tell me the purpose of inclusion of first category of MV?

Thanks!

I am having service tax registration and providing loan recovery services to banks & financial institutions and as per service tax notification 10/2014 in case of services provided or agreed to be provided by a recovery agent to a banking company or a financial institution or a non-banking financial company, service tax is payable by the person receiving the service i.e. banks and financial institutions. I want to confirm where: I have not to file service tax return or I have to file NIL service tax return or I have to file service tax return showing the turnover. And if 3rd option is correct then how i have to show the figures of without service tax bills in my return.

Our client is an Hyderabad based private limited. The company providing a services to its client situated in United Kingdom[UK]. Presently it has only one client, i.e. from UK only.

The nature of the business is:
Company A situated in UK, wants advertise in the print media and internet media of its clients business, new project, etc. It has many clients in UK and US. It will accept the assignment from them and given to my client company on 'sharing of income' basis.

So, Company A gives business to my client company. Now, my client company required to arrange the space, slots according to the instructions given by the Company A.

Company A situated in UK and it wants advertise in UK and US only. None of the advertisements coming in the Indian print media and internet media.

Now my question is, whether my client should pay service tax?

Dear sir,
We are starting trading business on Apr on wards.In connection with our trading activity we are purchase good through Parcel service .In this case any service tax registration is required on tax on transport service