At what % service tax should be deducted on GTA under reverse charges if GTA is not registered under service tax.

Since as per 30/2012 person liable to pay to GTA is also liable to pay service tax (100% under reverse charges) provided service receiver is specified entity

But as per notification 26/2012 : abatement of 75 % only available to GTA those are not taking CENVAT credit on input , input service & capital goods taken for providing output service
But GTA those are not registered under service tax are not eligible for CENVAT thus as per my opinion in above mention case we shout pay service tax @ 12.36%

Pls provide your valuable advice

Thank to all

Amit Kumar thakur

We had filed service tax return for the period APR - SEP 2013 with tax payable of Sep 2013 still outstanding as on date of filing the return. Some of the September, 2013 bills were later cancelled due to some reasons and outstanding tax was deposited accordingly. But the time to file the revised return had already been passed before happening of the above changes. Now, are we required to inform the service tax department about the deposit of taxes and cancellation of some service tax bills in the Oct - Mar return or through some other way?

Hello,

I have two questions on Service Tax..

Q1. Turnover for the First year of registration is above 10 lakhs & duly paid.
In the 2nd year the turnover falls below 10 lakhs however as the service tax is collected therefore remitted.
In the third year the turnover falls below 10 lakhs and no service tax collected. Is there Service Tax Liability for payment?

Q2. In the 2nd year of registration is service tax applicable if the turnover is below exemption limit? In the above, state if the Service tax is collected only on part of the turnover?

Dear All,

From last 2.8 years I am working in manufacturing company as internal audit executive,Now I have got an opportunity in CA firm as internal auditor.
Is it better career option ?

Please suggest asap.

We are providing Consulting engineer service to an SEZ, who has provided A1 and fulfilled other conditions as required.

Hence Service tax is not charged to the SEZ customer, could you please let me know where these amounts should be shown.

Can a Director of the Company can get deduction from his gross salary of Rs. 15,000/- as medical bills reimbursement, Rs. 9,600/- as travelling allowance and Rs.1200/- child education allowance while filing the return? is it compulsory to have above allowance in salary structure?

Hi,

I recently registered with CA course as DIRECT ENTRY and searching for an articleship in hyderabad. I'm trying to get but many of CA firms are refusing me reason I'm DIRECT ENTRY student

Please help me to get an articleship in hyderabd.

My mail id is vemoorisan @ gmail.com

Thanks.

Srinivas

Hello Sir/Madam,

Will you please suggest me that how to get the CA Final RTP's for last 10 years, because in the our CA Institute Website it was not available.

Thanking You.

Sir,I want to do CA but I couldn't fill the forms of CPT before and couldn't register myself.I want to appear in the june exams and don't want to wait till december.So ,can you please suggest me a way for that.
thank you

In case of a builder we have to calculate borrowing cost.
In this case a project is completed in mid of the year and all other projects are running projects.
Then we have to calculate the borrowing cost for all projects, but the question is about completed projected, borrowing cost will be calculated for which period for whole period or only uptill the date of completion of project.
note:
1. sale booked for all projects at the end of the fin. year.
2. expenses also debited after completion of the project as bills came late.

please guide me immediately.