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Dear sirs ,what will be the service tax rate if goods (anything) transported by vessels ,say service charge Rs. 2,00,000/- invoice by Service Provider to Service Receiver...
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A company goyal gas supplies gases to our company.as per terms of agreement our company has to pay them a minimum guaranteed money if we do not procure minimum guaranteed gases from them.
Since we failed to procure minimum gases from them, they have submitted a bill claiming minimum guaranted money including service tax.
my question is that whether service tax will be applicable on that invoice? if so whether we can take credit of service tax.
since no service has been provided in this case.
please resolve
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what is changes is made in Budget 2014 july regarding
Time Limit on claiming cenvat credit.
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Hello,
I'm an independent Faculty consultant working for IIT Coaching Academy .My consultancy charges cross 10 lakhs rupees in the Current Year.
LY also i crossed limit of 10 Lakhs but did not registered.
So in the current year i need to pay ST from Re 1 or get the exemption of 10 lakhs. Please Clarify.
Also there would be any abatement on the above services as per notification 26/2012.
Please advise
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Dear Sir(S),
Suppose A Private Ltd. co. pays freight of Rs.2500/-, but no freight bill & consignment note has been issued by the transporter to the co. and freight payment has been made in cash.
My question is whether the company is liable to pay Service tax on above mentioned freight? And is the consignment note necessary ?
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In service tax, if assessee charged wrong service tax rate,
for example, assessee (service provider) charged 12.36% service tax at beginning of financial year and during the financial year he came to known that he falls under rule 2(1)(d)reverse charge and having a abatement of 30% in work contract.
my question is can he change the rate from 12.36% to 4.326% between the financial year?
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My client has two branches. They are maintaining billing as well as accounting separately. Exemption limit of Rs. 10 Lakhs applies per branch or company as a whole?
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in Tally erp, which head we have to create Education Cess & secondery Edu. Cess. Both in OUTPUT & INPUT .
further if we purchase services and get Service Tax input Rs. 1000/- as S.Tax, 20 as Edu. cess, and Rs. 10 as Sec. Edu. Cess.(12.36 %)
my querry is how much input credit we actualy received Rs. 1000/- or Total Rs. 1030/-
Thanks
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Dear Sir,
Our company has appointed a technical Consultant. My query is whether it is came under reverse charge mechanism ? If not how it is treat in service tax.
Please advise.
Thank You,
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