Deal Experter,
Ihave doubt i.e"If A OF Bangalore sold goods to B OF Chennai order comes from Chennai But goods are delievered to Bangalore Branch But in invioce it shows TIN Number of Chennai office & it is an C Form sale" Please Suggested me weather CST or VAT Charged by A.

Can anybody answer the following?

Our company sales our commodities by taking to customer place by company's own/registered vehicles after place the order of a customer. After supply the items, the customer didn't take immediately the items and delaying the vehicles. For delaying the vehicle for a stipulated time, we;re charging penalty after that time per day basis. In the billing we're showing the commodity value and this penalty value and paying VAT for both.

Is this penalty for delaying is liable for Service Tax? Please study and give answers

Our is basically a private company that exports raw materials(which we buy in India) to some of our UK clients. We dont sell anything in India. But now we are about to do some services(out sourcing services) to one of our Indian clients. So should we charge service tax on it.
Say that all the income we get from rendering such services does not exceed Rs 5 lakhs.

Please help me in this issue.


Thanks & Regards
Arihanth

Hello! Everybody,

Can anyone give notification/circulars on the following:

Our company provide a tanker on hire/rent basis to a customer on day/week/monthly basis, which is movable item, based on the customer requirement, who'll issue an order for the same.

Is this transaction comes under service tax?
If comes, under which service? Give the notification/circular number.

Thanks

PLS GUIDE ME WHAT ARE THE BENEFITS OF JOINING IFRS .

If a company 'X' pays for expenditure of AOP 'Y' and later gets it reimbursed( assuming there is no cost sharing agreement between the two ),then who is liable to pay FBT on the above expenditure ?

Dear Friends,

We had made Inter State sales against C forms, but some parties hadn't given us required C forms. Now at the time of Assessment my Assessing Officer is charging tax difference along with 10% Penelty and Interest. Is Penel provision is valid under CST Act? Please provide me some legal guidance along with court judgement & case references. My Email ID is ashishvishnoi@sify.com

my brother was doing cable opertor business in a certain area/ network, generaly in the cable business, it is tradition right to do business in that area/ network along with the customers( subscribers ) sale to the party.

now the consideration Rs. 50,00,000/- received for sale of right to business in that area / net work . the amount received whethere capital gain or business income and how it will be taxed, 30% as General Business income or tax under capital gain at 10%/ 20%

Whether the web development ( not designing)is
taxable service under service act.
> all the development is made for the overseas
client i.e exported (no office in India)and fees is received in convertible
foreign exchange.
> new business,gross receipt till date are 10,15,000 rs. it include 150000
received on 8 jan 09.
no service tax number is applied yet. and not registered
under STPI etc.

> now whether CO. should apply for service tax no. or not. someone
told me that amendments are made in July 08. so if service tax is applicable receipts will be calculated after that date only. Pls guide

1. This is newly incorporated (in may 08) pvt ltd co. with less then 10 employees.
2. The payment is received on the constuction of a portion i.e the requiered facility in web site.
Only one client is there.
3.The service used by clint outside india. There is no such online support from india it is done by client from their rnd.
4. No amc in the contract.

Hello All,
Can you please help me with your expert advice on the following? :
My company is installing a pipeline and related other plants & machineries for transportation of chemicals. Pipes have been purchased for the purpose and stored. The installation process has just started and operationalisation of the plant including the pieline will take at least one year.
After operationalisation service tax will be applicable transportation charge for "Transportation of goods through Pipelines".
Please advise me -
(1)whether CENVAT Credit for ED paid on pipes and other plants, Srvice Tax paid to Project Consultants and other service providers for implementation of the project will be available for adjustment against Service Tax Chargeable on Transportation Charge?
(2)If so, what records and in what format do I need to maintain to satisfy the central excise/service tax authorities to avail CENVAT credit?
(3)When should I claim the CENVAT credit and what is the procedure for the same?
(4)How should I treat the ED and Ser. Tax paid during construction activities in my books of accounts for claiming and utilisation of CENVAT credit? Can you please suggest me appropriate entries in the books of accounts?
It will be a great help.

Thanks & regards,

Aditya