What would be journal entry for advance payments made to contractor with service tax,TDS and WCT.
For ex value 100000
service tax of 7.2% tds 2% and wct 2%

One of my client has raised bill of Rs. 6,00,000.00 on labour contractor. His profit after deducting expenses is Rs. 1,50,000.00. I want to know is service tax is applicable. The client is of Kolkata(West Bengal). Kindly suggest me

1. I am doing Piece Rate Work (Plasting Work) in a Public Limited Company (Main Contractor doing Govt Project). Total Material Provided by Company at free of cost. I am utilising the material and compliting the Plasting work. I am not a vat delar. Can I take exemption of service tax under wrok contract service.

I am doing Piece Rate Work (Plasting Work) in a Public Limited Company (Main Contractor doing Private Project). Total Material Provided by Company at free of cost. I am utilising the material and compliting the Plasting work. I am not a vat delar. Can I pay the service tax in Reverse mechanism Total Labour charges @ 12.36% of 50% Labour charges under wrok contract service.

what is time limit for availing of cenvat credit of service tax and under which section.please reply this question .thanks in advance

I want to ask that in reverse charge under service tax can service receiver can take credit under cenvat and if not then why???? Please answer thanks in advance

Dear Sir,
We are Registered as Service Tax Distributor. During Previous year i.e 2010-11, 11-12, 12-13 & 13-14 we mistakely forgot to take credit of Cenvat. Total Amount is nearly 20lacs. Can we Take the Same in Current Year? Kindly Advice as early as possible.

For e.g. AB Trans. Co. paid freight (Rs 35000) to truck owner/ driver in cash and after 1 month he recover (Rs 36000) it with his commission (1000) from XYZ Pvt Ltd/ Ltd whose product was delivered with consignment note issued by AB trans. Co..

Now, who is liable for service tax and on what amount???

Dear Sir's

We are into Service segment, i have a doubt that, we have a client to we have to provide service for 2 years and we have given a quotation for 2 years and he had paid the same, now tell me what is the procedure for raising for invoice, am i need to divide financial year wise or what?, please help me in this regard.

Thanks

A proprietory concern providing CA services has been in existence for 30 years. Total service income for the past few years is around Rs7 to 8 lakhs.
New partners have joined the firm during the year and the existing work is split between all three partners. The cumulative billings exceed 10 lakhs. However the billings are also split based on work done. So the firm and its partners individually do not cross 10 lakhs. There are very few additions after the firm was formed.

In future if a Service tax scrutiny/query comes up, will there be a contention from the service tax department that the firm was formed to escape service tax liability? Can it be argued that service income is based on work done by respective partners, although they were brought in by the original sole proprietor by virtue of his long standing practice?

if I have to file service tax return of a person under RCM and 100% service tax is paid by the company to which service is provided as director then how i will show the taxable service in that persons return