My company is 10 years old but turnover is less than 10 lacs and its a proprietory concern. This year my company has got big contract from the govt department and turnover crosses from 10 lacs to 15 lacs.

They have not charged service tax from their clients since begining. if they apply for the service tax now, will they have to pay service tax on the full amount of 15 lacs or excess amount i.e above Rs. 10 lacs and what should we do in this situation. Kindly help

A co has taken service tax registration in Feb when taxable turnover was Rs 8 lacs. Now in the month of March the co want to raise a single bill of 6 lacs: 1) Whether tax applicable on 4 lacs or entire 6 lacs 2) If co hold the bill in march and raise it in April what will be the service tax implication. Pls suggest

Dear Expert.

For Example :
Service : TECHNICAL TESTING,INSPECTION, CERTIFICATION

Three Company A (service provider)
Company B (middleman)
Company C (service Receiver)

Company A raised bill to Company B Rs. 112360/- and Company B raised Bill to Co. C.
Rs. 168540/-

1. Can Company B avail the Cenvat Credit received from A (Rs. 12360)ans set off with his Stax payble Rs. 18540/-. (i.e net payable RS. 6180/-)

Pls reply its urgent.

Regards,
M.Agarwal

Dear All,
I intend to setup a HR consulting service. I would prefer it to be a sole proprietorship firm. My turnover is estimated to cross 10Lac. So how do i register this company and get an applicable service tax. can you please help me with how to frame it up?

Dear Sir,
I AM PROVIDING SERVICE TO SAIL FOR COAL TRANSPORTATION FROM BED TO COAL YARD WITHOUT CHARGING SERVICE TAX ON RUNNING BILLS FOR THE FY : 2009-10,2010-11,2011-12,2012-13.
NOW I RECEIVED A NOTICE FROM THE SERVICE TAX DEPTT. FOR FURNISHING DETAILS OF PAYMENT FOR PRVODING SERVICE TO SAIL. I WANT TO KNOW HOW TO HANDLE THIS QUEERY FROM S.T DEPTT.
UNDER WHICH SERVICE TAX CATERGORY ITS CAME
& WHETHER I AM LIABLE FOR PAYING SERVICE TAX
WAITHING FOR VALUABLE REPLY.

Dear Experts

I have a query related to service Tax. My company raises invoice and pays the service Tax but later in maximum cases it receives an amount lesser than the invoice amount and service tax thereon. So we are ending up making excess payment of Service Tax based on our invoice value whereas our actual receipt is less. So can we claim the refund for excess payment of Service Tax. If yes, what is the procedure to claim the refund.

Thanks

Sanjay Gupta

Hello,

Greetings to you.
In my company We are paying rent to the land lord from FY2010-11 to till now.
We paid 10L first year and second year also we paid 10L. Please let me know are we liable to pay services tax from the second year. As per my knowledge If we cross the 10L every year only we liable to pay service tax. Please I want to know are we liable or not?

Thank you in advance.

An assessee has CENVAT credit unutilized around 12 Lakhs since 2010-11. He has stopped the commercial activity of the business and there is no chance of carrying out the activity in future years also. Can he claim any refund of the CENVAT credit.
The assessee is in the business of crushing of iron ore.

Renting of residential property is exempt from service tax. But if an assessee has 3 properties in which he has let out 2 properties for commercial purpose and receives a rent of 4 lakhs each i.e 8 lakhs in total and the 3rd property is let out for residential purpose for a rent of Rs. 11,00,000. Will he have to collect service Tax. If yes then on what amount.

1.If service provider is not claiming or charging service tax in his invoice, what will be the consequences?

2. In above mentioned query, whether the service receiver is liable for payment of service tax under Reverse charge mechanism?