dear sir,

Our firm is registered under below mention category with service tax.
"Construction services other than residential complex, including commercial/industrial
buildings or civil structures"

We are providing construction services to our clients. All materials are being provided by them. We only provide construction services by employing our labors and machinery as per their demand.

Now our first question is that whether the cost of material provided by our clients/customers should be included in our cost to charge service tax..?
For exm.
Cost of material provided by them : Rs. 100000
Cost of service provided by us : Rs. 60000
Our profit : Rs. 10000

Now on what amount we have to charge s.t... ? Rs. 70000 or Rs. 170000. ... ?

We are providing service to pvt ltd. Under reverse charge mechanism in case of work contract service we have to charge service tax on 50% amount and on balance 50% service tax will be paid by service receiver..

But in our case as materials are being provided by service receiver, at which rate service tax should be charged? @ 12.36% or 06.18%..? If such reverse charge notification is applicable to us then whether we have to amend our s.t.2 to include work contract service..?

Please guide me friends.. Its urgent...

company is receiving service from individual contractor and the contractor levied 12.36% s.t. in his invoice . whether it is correct or not. explain in brief .

Sir
what is the difference between beneficial ownership n legal ownership?
how is it possible the person having 20% voting power and still is not the owner of the company

Dear all,

Is tds applicable on commission on agency service paid to a foreign party paid from India???

Thanking in anticipation

we have an exciseble unit.we want to shut it down.there is cenvat credit and ADC lying in our account...we want refund of that.Can we get it?if we have other exciseble unit too then can we transfer this credit to other unit??

if i paid some fees towards advertisement to FICCI then can i deduct tds on same. or not?

Pl help me
Employee received from same organisation salary and consultancy fee please help on the matter of tds
Salary Rs 25000 PM
Consultancy Rs 20000 PM

Mr A is from Gujarat. He wants to purchase goods from Mr D of Delhi. Mr D ask Form C from Mr A.

How can Form C be obtained?

Is it necessary to give Form C immediately?

Dear Experts,

Plz help me resolve the following query:

Mr. A is the MD in two unlisted public company. he draws a remuneration of Rs. 2400,000 per annum from each of the two company. The effective capital of both the companies fall in the slab of effective capital of Rs. 5 crore to 25 crore.

Mr. A does not want to go for Central Government approval.

Can he draw the aforesaid amount of remuneration ?

if not then what is the maximum remuneration that he can draw ?

is there any latest circular according to which the MD of public company can draw any amount of remuneration without Central Government approval ?

Case Study:
I have sold a shop from which there was a capital gain of Rs.50 Lac & I invested it in a residential house.Later on After 2 years i sold the house.So there was a long term capital gain in the previous year in which i sold the new house.This long term capital gain I again reinvested in purchasing a new house. so will I be able to take exemption of long term capital gain.