Hi,

One of my client is engaged in providing output services.

is he eligible for Cenvat Credit against TALLY ERP AMC Charges for the software used for recording accounting.

Thanks in advance for your expert comment.

One of our clients are engaged in construction of residential complexes. They have not filed their ST-3 from FY 2009-10 onwards. But they have paid their S.Tax dues timely after considering the CENVAT credit on input services received(payment to sub contractors). Please suggest Whether we can online file their service tax return ???

Please do enlighten me on following aspects

1) Mr. A carries on business of buying & selling tickets – of Airlines , Railways & Long route Travel Buses .
He gets discount from the Main Agent ( say IATA agent for Air Tickets ) & after adding his profits , sells the same to customers .
The Service Tax Act puts ‘ Trading of Goods ‘ in the Negative List , i.e., not liable to Service Tax .
The Same Act defines ‘Goods’ as follows :
“ Goods ” means every kind of movable property other than actionable claim and money ; and includes securities , growing crops , grass and things attached to or forming part of the land which are agreed to be severed before sale or under the contract of sale .
Can one argue that his business is of buying & Selling Tickets ( which is a Movable Property ) , he is not liable to Service Tax ?

2) In a case decided by Ahmedabad Tribunal , the following remarks form part of judgment :
THE term ‘ Trading ‘ means the act of buying and selling . It involves the selling of goods in the same form as it was purchased .Thus , no further processing is done thereupon .
Though , the term trading activity has been included in the definition of the exempted services ; yet it is not explained as to what will be counted as a “ trading activity “ . In common parlance , trading activity is the sale of goods in the same form as they are purchased . Thus , if any goods that are purchased are sold as it is , it will be termed as trading activity .

Hello everyone,
One of my client is providing job work in relation to diamond cutting. Will he be liable to pay service tax if the turnover exceeds the prescribed limit?
Thanks in advance.

We have providing C&F service of Rs.732726 in the year 2012-13 & Rs.14,52,068 in 2013-14. We have taken service tax registration on 25th Feb 2015 & to be deposit in current date.

We are going to deposit the service tax liability, please tell whether Service Tax to be pay on value Rs.732726 in the year 2012-13 which the under the Rs.10 lakh p.a & S.Tax liability to be deposit @ 12.36% of @ 14%.

Regards,

I am having confusion about service tax of 14 percent is effective from 1-3-2015?if not from when on wards this applicable.


Can Any one help me?

hi, i would like to know what will be effect on reverse service tax. we pay reverse service tax on the transport facilities which we use for employees.

as per budget 2015, man power supply services service receiver now have to pay service tax , from which date it will be appplicable.

Dear expert.
i am service provider and in forth quarter FY 2014-15, i have raised only one bill rs. 200000/- and the service tax payable 24720/- as per my books of accounts

but the debtors will pay this bill amount in may 2015,

my Query is. will i have to pay this ST amount 24720/- before the due date 5/4/2015
from my own money and the debtors will pay this bill in may 2015/-

kindly reply soonest...

Hello,

Can any one please let me know what would be the tax implications on sale of flats by builders after obtaining certificate of completion from a competent authority and the entire consideration for sale is received after obtaining such completion certificate..?

Will it be treated as sale of stock in trade?

what tax liabilities arise to such builder on such sale?

Before obtaining completion certificate the builder is liable to pay Sales Tax along with service tax and VAT?


Thanks and Regards,
Manasa.