A company's godowns receiving the items like wheat, rice, sugar, Cotton oil, soya oil, pulses by Goods Transport Contractor and paying the ST on the basis of reverse charge. On the transportation of all the above items, does the company get exemption or not? Does it requires to pay tax? Please suggest with relevant notification and circulars. Also suggest that N/No.03/2013 has substituted the N/No.25/2012 or added?

We have purchased a house, say of Rs. 25 Lakhs and made the agreement in December 2011. The payments were made in FY 2011-12 & FY 2012-13. Suppose Rs. 5 Lakhs is paid in FY 2011-12 & the balance in FY 2012-13. what will be the rate of Service Tax payable on the amount of the house?

Local Authority has floated tender for Const. of affordable houses for Economically Weaker, Low Income Group section. Local Authority has given work order for Const. of Houses & other infrastructure works. Land owner is Local Authority, Contractor has to construct building only & hand over to Local Authority. Local Authority will distribute the houses to the beneficiaries.

In this case whether Service Tax is applicable or not, the point of taxation whether Local Authority should collect tax at the time of sale?

Contract has submitted the tender alongwith service tax cost, as per our understanding work awarded by local authority is exempt from service tax. Whether contractor's claim for service tax is tenable or not?

Hello sir,...
My Client is Private limited company and owned many buses and bus rent received from schools and colleges. I want to know that whether service tax will be applicable on this case ??? my client was not charging service tax rent bills.

Can anyone help me with this please.
A had filled a Service tax Q2 return but at that time i forgot to take service tax input credit and now i'm about to submit Q3 return. So, can i take the input service tax credit in this Q3 or should revise the Q2 return to take input credit.

Dear All,

Please tell me, whether service tax need to be deducted on provision made for exp.
Our company is receiving services from a foreign company for maintain server and other Technical services. we are making a provision for the exp every month. and we are paying Service tax on RCM basis. and after receiving the actual invoice in next month, we reverse the provision and book the actual exp. Now, my question is whether ST is applicable on provision for expenses or not?

Thanks in advance for replies.

Let me know the point of taxation on construction of residential complex for Promoter or Developer.Buyer paid 30% of flat value as advance on agreement, after completion of some work he paid another 30% and after completion of flat on registration date he paid balance 40%. Let me know whether promoter paid service tax on receipt basis or 100% of the flat amount on agreement. Also funish how much service tax liable in this case.

Hi,
Firstly thanks to all the helpful members on the forum.
My question is, If our income is in Convertible Foreign income and above 10 Lakhs, Do we need to file for service tax number and return even when service tax is not applicable. There is no Service income in INR.

Secondly, How to receive income in Convertible foreign exchange.(Just open regular account with bank and ask the client to send money in USD?)

Thanks

Service by an unincorporated body or non-profit entity registered under any law for the time being in force, to its won members by way of reimbursement of charges or share of contribution -
upto an amount of Rs. 5000/- per month per member for souring goods or services from third person for the common use of its members use of its members in a housing society or residential complex is exempt.
Does Rs. 10/-Lakh threshold exemption is also applicable for this exemption.
i.e. If Rs. 4000/- per month per member is collected from 25 members. Total of Rs. 12 Lakh is collected ie. Rs. 4000*25 members*12 months. Is the society exempt since it has received less than Rs. 5000/- per month per members though the threshold limit has exceeded Rs. 10 Lakhs?

when we make import payment, the bank take bank charges and service tax . i want to ask whether we can take credit of service tax on import bank charges.