This Query has 3 replies
hi to everyone
i have a small doubt in regarding service tax
being a service tax holder i have to pay service tax but tell me the provision for the interest of late filing
my query here is my total output is 60000 on due date 5/05/2015
and input claim is 50000
can be interest attract on the balance 10000 amount or the amount of whole service tax amount 60000
please update in this regard
This Query has 1 replies
Dear expert, we are an exporter and export material for this, for this we need container and we paid freight from our PDA ACCOUNT. Concor India generate an invoice in this they charge us service tax of abatment of 40%. my question is can we take credit of abatment value and we are liable to pay service tax on balance amount.
This Query has 5 replies
Hi All,
Following is my query:
1) Date of invoice - 20th May 2015
2) Date of completion of service - 15th June 2015
3) Date of payment - 12th December 2015
Kindly note that the following:
1) Change in effective rate of tax from 1st June 2015 - 14%
2) Effective from 15th November 2015 (a new abatement notification comes - which again results in a change in effective rate of tax).
When is the point of taxation as this falls under both Rule 4(b)(i) as well as Rule 4(a)(ii)?
My understanding:
Using Rule 4(b)(i) - Relevant date for change in rate is 31st May 2015. Hence, 'After, Before, After'- Making Date of Payment as the point of taxation.
Using Rule 4(a)(ii) - Relevant date for change in rate is 14th November 2015. Hence, 'Before, Before, After' - Making Date of Invoice as the point of taxation.
Kindly help.
This Query has 1 replies
We do our construction contract works through labour sub contractors. Their payments are made weekly thru bank a/cs after deducting IT TDS . We pay service tax at compounded rates for our full turn over without showing any sub contract. Please clarify whether our sub contractors have to pay service tax if their turnovers exceed Rs.10 lakh in a year
This Query has 1 replies
Whether service tax is payable on free service coupons given to customers by an authorized service station of automobiles?
Eg if Extended Warranty ,AMC contracts,RSA is given free of cost to customer what will be applicability of service tax on the same.
This Query has 1 replies
Dear Expert, Plz suggest, whether service tax paid on telephone bill, internet bill, & any other service we received adjusted against service tax payable to Govt.( Like input tax credit adjusted against output vat)
This Query has 3 replies
Respected Seniors,
Kindly help me to clear the doubt whether CENVAT Credit can be availed on postpaid Mobile Phone Bills as well on the Taxi Hiring Charges. Mobile Bill is in the name of the Prop.
Clarification with the supporting would be appreciable.
PLS TAKE IT ON PRIORITY
With Thanks & Regards,
This Query has 3 replies
Dear Sir,
Please advise what is rate of interest of late payment service tax.
This Query has 3 replies
My company is in Security Agency Industry. Problem we are facing is some of our clients demands that they do not have any vehicle for Guards Rotation suppose in any Port. Now the company is hiring vehicle from Vehicle Vendors and give it to clients on No Profit No Loss basis.
Now we bill out client as below.
Charges For Security Service 100
Charges For Vehicle Hiring 40
Total 140
We collect tax on 140 and pay to Government
But For this vehicle vendor Payment on 40 we have to pay service tax as per Reverse Charge Mechanism.
So we pay tax on 40
Now can we claim tax on 40 is Input Credit or not???? If my company memorandum permits and Rent A cab service is included in ST2??? Though Rent A Cab Registration is as Service Receiver only.
Please Revert. Thanks in Advance. Also give reference of specific Section and Notification.
Interest on late filing how to determine