How to calculate service tax on manpower outsourcing contracts.

INDUSTRIAL SHED GIVEN ON RENT IN MIDC AREA RENT RECVD RS 120000/- PM WHETHER SERVICE TAX IS APPLICABLE OR NOT AND IF APPLICABLE WHATS IS RATE OF SERVICE TAX AND PROPERTY TAX WILL BE DEDUCTED OR NOT IF DEDUCTED WILL BE DECUTED FROM RENT RECVD OR SERVICE TAX PAYABLE

Dear Sir,

We have a Construction Contract - Item Rate with our Client for execution Building Project.

As per the Contract, Service Tax is limit as CAP for Rs.13 Cr. And service Tax @4.944% on Basic. Basic item rate is inclusive of VAT.

Recently there is an issue with our Client regarding increase of item basic rate. Then Client is saying that if basic item rate is increases, then excess Service Tax implication will come on us like that.

Then our Management has agreed and confirmed that excess Service tax amount whatever comes beyond the CAP amount by end of the project, the same will borne by us.

For this, Client is asking the procedure note / write-up note for this and questioning us what way the same you will show in your Service Tax Returns. And How we have to show the same in our (Client) ST Returns?

For this, we have informed to Client, as Contractor we are issuing the Tax Invoice. So, we have to discharge the ST liability to the Department. But we will issue the Credit Note to client on different account like "Being Credit Note Issued for excess CAP of Service Tax". And also inform them anyway you (Client) cannot utlise the CENVAT credit for this excess Service Tax and this cost to you only. And the same credit note you can account in your books of accounts and take the credit to reduce the cost.

Sir, Hence this is request to you that please go through with the above issue and give your valuable advise & suggestion on the above matter.

Thanks & Regards

Bheema
Bangalore

what is service tax rate on advertisement

in printing media
on electronic media.

Sir,
One of my client taken Service tax registration(haryana) number in march 2011 and after that he never filled return ST-3, nor any bill issued to anyone till march 2015. In October 2014 he again applied for new Service Tax Registration(himachal pradesh) and continue with new one(filling return).
Now, he wish to surrender registration number of Haryana but he don't have user id and password nor ST-2 have stamp and seal of offical.
Please suggest how can surrender?
Regards

A Company has availed cenvat credit in its service tax returns but has not utilised the same for payment.

The company is following this practice since years.

Can the company now expense out the Cenvat credit of its previous year lying in its Balance Sheet ?

Kindly povide the link of legal source of available.

Dear sir, The Service Tax Rate has been increased from 12.36% to 14% WEF 01-04-2015. My doubt is Wheather 14% is inclusive of Primary and Secondary Cess or We have to charge 2% & 1% on 14%.

Dear sir, MY Client was eligible for Small service provider(Gross Servivce Charges Rs540000) under Fin Act 1944 For FY-2012-13. But For FY-2013-14 Gross Service charges is 1800000-. My Doubt is, on which amount service tax he has to pay ie on Rs-1800000- or 800000-. Please Help me sir...

we have appointed consultant for recruitment of employee for our company, what is tax liability on us for payment to such recruiter ?

Dear all expert
plz reply it is urgent,
i have receipt bill RS. 20000 of security service in this 75% ST i have to paid. can i adjust this 75% ST under RCM in my ST payable amount suppose this 75% ST amount is 1854 and my ST payable amount is 1123 i means can i deposited only 731 in govt a/c. because we can avail input of 75% ST, is this correct or first i must have to deposited this 1854 in govt a/c and than we can avail ST input
plz guide me on this issue