Hi all, If the Service Provider charges 12.36% st on 30% of the total amount...the effective rate of tax would come upto 3.708%. My doubt is should both the service provider and the service receiver should pay 3.708% each( under works contract reverse charge mechanism 50:50) or should it be just 50% of 3.708%? The calculation is as follows:

Total amount of invoice- 465186

Service Tax 12.36% on 30% of Total amount- Rs.17249.10

My question is what would be the amount of ST payable by the service receiver under reverse charge mechanism?

Thankyou

Dear Sir,
My Name is G. SASIDHAR KUMAR Now iam going to file ST-3 Return(HUF) for the period April-2012 to June-2012 &July-2012 to Sep-2012. If the Assesse registered Service Tax for HUF (Taxable Service:Renting Service. I am trying to ST-3 Qly Returns in List of Taxable service column Assesse comes which category of Taxable service please specify. And also i have clarify some other doubts. If there is any model (already filed -ST-3 Returns)for the above periods is there please display the returns.
Thanking you,
Yours Sincerely,
G. SASIDHAR KUMAR,
Sr.ACCOUNTS EXECUTIVE
HYD.

Hello Experts,

Please guide me on the following Query

We have to file the Quarterly Return for July to Sept 2012 Period. We have paid the Service Tax for period Starting from July 2012 to March 2013 by Single online challan in the month of March 13 including Interst.

Now the confusion is how do we adjust the Payment of Tax in the ST3 Return for July to Sept 12. because the Challan amount is higher than what is due for this quarter.

Any restrictive provision is there to make the payment by separate challan for each quarter.

Thanks in Advance.

Kind Regards,
Dipak

Dear sir/madam,

I am filling service tax return of my client for q2 i.e. jul-sep 2012. My client is covered under service provider under partial reverse charges. He is providing man power supply services to private limited company. As per notification no 30/2012 he has to pay 25% of service tax amount.

Now his total turnover during that period is Rs 3964303.00
He has paid service tax @ 3.09% (25% of 12.36%)

Now my question is that how to show above items in service tax return.

Whether i have to show total turnover of rs 3964303.00 in column no B1.6 of st3 return and show service tax rate @ 3.09 in B1.15 or
Show turnover @ 25% value i.e. Rs. 991076 (3964303*25%) and show service tax @ 12.36%.?

If the service provider has already charged full 12.36% in the bill and we have paid the same to the service provider and he has paid it to the govt. what is my liability in that case ??

Please provide guidance...

my question is, we have issued bill in march 2013 & got the cheque for the same but we have not yet paid service tax to the government for march month.... what is the date to sumbit the amount of service tax every month? & what is the interest rate if we paid late?

Our company providing Rent Cab services to IT Company or any other company which provide rent Cab services to others for pick up & drop facility of their employee or another company employee. Generally we take car on rent from persons which are other than company entity.

Question
Is service tax payable on Reverse Charge Mechanism on the service of Vehicle taken on rent basis by us ?. Because we take vehicle from person is other than register company ?

Pl guide me

I had filed the service tax return for the second quarter of 2012-13 on 20/04/2013. After uploading the xml file when i viewed the same in the option Ret - efiling - xml status, it showed as FILED. Thereafter when I am trying to see the status in the option ST-3 or view original ST-3, it is showing as "No records found". Previously we used see the status whether the return is filed or not after one business day. But now even after 6-7 days it is not showing the same. Do we again need to upload the xml file ? Has anybody encountered the same problem ?. Kindly suggest.

A company got registered for Service Tax in the month of Sep-12. It availed few services which involved partial reverse charge.
It made payment to the Service provider and thereby cenvat credit was taken, however,
the portion attributable to service receiver
was paid in the month of Oct 12.
Is it mandatory to file return for the period
July-12 to Sept-12.

Thanks in advance

Dear Sir / Madam,

We have the Service Tax from July onwards only. But I submitted in April - June 2012 for the First Quarter. How to delete the Quarerly Returns of Service Tax. They are asking a letter to write to the ST Department. How to write a letter plz mhelp me.