Sir/Ma'am
I have been paid Rs.7000 excess service tax in the month of august and didn't adjust it in the payment made for the month Sept.
while filing the return for the first half it shows an error of excess payment of Rs.7000. kindly advice me whether i can carry forward the excess paid to the next half, and if so what adjustment needs to be made in the return for this first half.


Thanks & Regards

Dear Sir,

Please guide me about is there any changes in service tax credit rule as earlier I was taking service tax credit on the basis of payment made to party. But now I heard about new rule that service tax credit can be taken on payment made or liability booked whichever is earlier. Please help me with notification for the same.

Regards,

Dear Sir
We had started the business of Events Management and registered under service tax on 15/04/2013 & provided the services for Rs. 300000/- in last half year and we had charged the service tax on the invoice but the payment is received only Rs. 85000/- yet & we have not deposited any service tax due to insufficient fund please tell us what we should liable to under service tax.

ABC Ltd. provides service to government (Defence) and the same is exempt under notification 25/2012.
For a job work (Repairs) exclusively meant for the government work, it hires XYZ Enterprise (Sole Proprietor registered under Service Tax). Invoice is prepared in the name of ABC Ltd.
Should XYZ Enterprises charge Service Tax on the Job work? Please explain the concept.
Thank u in Advance :)

Dear Sir / Madam,

Can SHIS / FMS scrips be used against payment of duty towards import of second hand goods?

Please give relevant circulars / notifications in this regard.

Further:

In the present case, the Sector (Engineering / Textile) is eligible. The only question is whether the benefit of import of second hand machinery against SHIS / FMS can be claimed?

can anybody tell me late fees for delay filling of service tax returns waived ? if taxable amount of service tax is not zero.

Hi ,

I have a query.
one of my client has got service tax registration number during last year. but they have not yet collected any service tax amount from their clients.

In this case, Is the nil return is mandatory?
and If it so, penalty of Rs.20000/- will arise in this case. Am i correct?
Pls suggest me...

Thanks,
Prema Dineshkumar, M.com,ACS(undergoing)

Dear Sir,

I want your advice regarding service tax on construction.

I have owned a site. I want to construct a two storey building for commercial use.

I approached a builder. He agreed to construct the building including cement, brick, sand and other materials. He has asked me to give him service tax on the 40 per cent of the amount at 12.36%. For example if I pay Rs.50 lakh then I have to pay to the builder the service tax of Rs.2,47,200/- (i.e. 5000000 x 40/100 x 12.36/1000)

Recently, I learnt from some English news papers, the Service tax on Construction of a building is payable at 12.36 per cent on 30 per cent of the amount paid to the builder. If it is so, the service tax payable by me to the builder for my construction works out to Rs.1,85,400/- (50,00,000 x 30/100 x 12.36/100)please guide me which basis is right your advice will be of immense help to understand the position exactly.

Thanking you,
T. MUNIYAN,
Pallathur

Respected Members

We have paid Rs 100300/- to Goods transport Agency and we are in specified category. The queries are:-

1) is notification no 26/2012 is applicable?

2)In Form ST-3, should we select as service receiver under the column "Assessee is liable to pay service tax on the taxable service as"?

3)What is the amount to be fill in column Gross amount in value of taxable service and under the column service tax rate wise break-up i.e Rs. 1,00,250/- or Rs. 25,075/-?
Please help us as soon as possible...

Thanking you

i have a building which is located in special economic zone and i have rented it to a company.
Hence can i say that i am providing service in Special economic zone.
is there any exemption in service tax for such service and what are the legal formalities to be performed to obtain exemption.