i have a query about legal services provided by advocate to a company....as per exemption notification if the bussiness entity have less than 10 lakh turnover in PFY, then they not required to deposite service tax under reverse charge...my question is what will be meaning of turnover for a company which have no gross receipt/sale/purchase..inspite d fact company plant is under construction & all d exp will capitilized...PLS GIVE US D ADVICE SOON...PLSSSSSSS

My client has wrongly charged Service tax @ 16% on the invoice, which has been paid by the party.

1. client is required to the whole amount to be govt.

2. Govt can only retain service tax @12.36%, while excess amount need to be transferred to inverter's welfare fund.

Is my judgement correct???
Please quote the sections for both the observations...

Friends,

Local delivery charges is chargeable under service tax. for example transportation charges is chargeable under service tax (Reverse charge)local auto or DCM are used for products delivery it is chargeable under service tax .

It is deemed sale or not?

Can we take CENVAT credit of telephone bills of landline..bill in the name of Company

we have textile weaving unit. we have contractor who doing job work for processing in our premises on piece rate bases with help of his 10-15 persons and raising us monthly invoice for job work.

In this case service tax on job work or Reverse charges of Service tax is applicable to us ?

Our co. is providing both taxable and exempted services from various sites. We are having common input services for which payment is made through our head office situated in Mumbai.
Service tax paid on such common input services includes services like professional fees, Bank processing charges which are paid through HO bank a/c and its quite impossible to bifurcate these services in terms of their utilization i.e. whether they are used for taxable or exempted sites.
Is there any way to claim cenvat of the service tax paid on such common input services except application of rule 6 of cenvat credit rules, 2004 ?

Ours is a construction company(private ltd co.)we are constructing flats through subcontractor.sub contractor is an individual.We are giving cheques for the amount equal to Contract amount paid during the quarter*33%*12.36% We are issuing cheques for the amount in the name of subcontractor.If they are paying ST in their ST reg. No., how can we avail cenvat credit?

Read more at: https://www.caclubindia.com/experts/modify_message.asp?entry_id=638552

we have been exporting yarn to various country like bangladesh, china etc.

we have to pay commission on the export value to foreign broker and domestic broker also.

so whether we are liable to any service tax. we are a limited company having turnover of rs. 75.00 crores around.

thank you for quick reply with reference.

Dear sir

I am a transporter(service provider).Under reverse charge I am getting 25 % service tax form service receiver and pay this amount to tax department.I want to know that can i file st-return also.my turnover is 1200000

Dear Sir
Pls. tell what is interest rate for late payment of service tax for period of 01-01-2013 to 31-03-2013 and 01-04-2013 to 30-06-2013, and how it is calculated? is penalty aplicable on it? if yes then how it is calculated