If for example Mr X receives a contract for map designing of Rs. 10,00,000.00 on which he has paid service tax @12.36%. He has sub contracted the said work of Rs. 5,00,000.00 to Mr Y. Is Mr. Y liable to pay service tax on rs. 5,00,000.00 as Mr. X has paid service tax on full amount.

Secondly, if Mr. y is not liable to pay service tax on same whether the said amount will be included in the service tax return

Last year a TCS Challan was wrongly filed in TDS return (26Q). How to rectify this mistake?

thanks

Respected experts,
suppose we make a payment of rs.150000 to contractor and deduct rs. 20000 towards expenses reimbursement. so t.d.s should be deducted on 150000 or 130000?

Thanks in advance.

Hi,

We import spare parts from Germany and we sell to end customer with applicable local tax. apart from selling we also do servicing for the equipment for which we import spare parts.

can we take CVD set off against the service tax received from the customer. if yes what is the procedure.

Thanking you,
Sharan

Dear Expert
WE doing outsourcing of Auto parts .we purchase finish auto parts from vendor (from jullundhar) and just doing here labelling and packing of that product in our brand .like we purchasing flywheel assembly 1 qty we doing labelling and packing to make it in our brand so there is no change in this product and not creating other finish good from it. please help how to file ER 5

Regards, Amit Singh

what is the rate of short term capital gain except section 111A for a.y 2014-15

Dear Sir,

Please suggest me the Notification No for the Transporter, by which service tax in not Lavey on him.

If a person earns 11,00000 Per Annum, He Earned 9,00000 from previous organisation april to december and 2,00,000 new organization january to march, so we can deduct tds or not , he is currently working in new company till date, if employee does not given declaration

Hi all,

Can anybody instruct me how to delete deductee entry in NSDL conso file downloaded.(Q3 FY 2013-14 ). By mistake one extra entry has been passed and it is connected to Quarter 2 Challan. How to delete this entry. by either relyon or RPU?

Why closing stock never comes in trial balance and only opening stock is shown???