Hi ,

I have a query.
one of my client has got service tax registration number during last year. but they have not yet collected any service tax amount from their clients.

In this case, Is the nil return is mandatory?
and If it so, penalty of Rs.20000/- will arise in this case. Am i correct?
Pls suggest me...

Thanks,
Prema Dineshkumar, M.com,ACS(undergoing)

I am doing graduation from Non commerce course i.e. from technical field can i still do CA?

Dear Sir,

I want your advice regarding service tax on construction.

I have owned a site. I want to construct a two storey building for commercial use.

I approached a builder. He agreed to construct the building including cement, brick, sand and other materials. He has asked me to give him service tax on the 40 per cent of the amount at 12.36%. For example if I pay Rs.50 lakh then I have to pay to the builder the service tax of Rs.2,47,200/- (i.e. 5000000 x 40/100 x 12.36/1000)

Recently, I learnt from some English news papers, the Service tax on Construction of a building is payable at 12.36 per cent on 30 per cent of the amount paid to the builder. If it is so, the service tax payable by me to the builder for my construction works out to Rs.1,85,400/- (50,00,000 x 30/100 x 12.36/100)please guide me which basis is right your advice will be of immense help to understand the position exactly.

Thanking you,
T. MUNIYAN,
Pallathur

Respected Members

We have paid Rs 100300/- to Goods transport Agency and we are in specified category. The queries are:-

1) is notification no 26/2012 is applicable?

2)In Form ST-3, should we select as service receiver under the column "Assessee is liable to pay service tax on the taxable service as"?

3)What is the amount to be fill in column Gross amount in value of taxable service and under the column service tax rate wise break-up i.e Rs. 1,00,250/- or Rs. 25,075/-?
Please help us as soon as possible...

Thanking you

Dear SIr ,

8 days before I got my IEC .
I am intrested in importing electronic goods like tablets , Biomatric devices , Electroic Spears from china. I am already communicating with the seller. what next ? Do i need to place an order ? If not then pls advice what should I do .

sir, i am confused to understand whether 1)There is a huf comprising husband(H) wife(w) married daughter (md-1)& married daughter (md-2). on death of Mr.H, huf can be continued by wife-w & md-1 & md--2. if yes, what will be the status of wife-w i.e karta or manager & is there any procedure to follow for continuation of huf . (2) .what will be the status of the HUF after death of wife-w 3) whether bank account can be continued ? what is the procedure to continue the a/c. in bank. w- willbe karta or manager? please reply me elaborately to satisfy my query .

i have a building which is located in special economic zone and i have rented it to a company.
Hence can i say that i am providing service in Special economic zone.
is there any exemption in service tax for such service and what are the legal formalities to be performed to obtain exemption.

anyone have amendment of dt and idt applic applicable for nov 13 exam

We are a manufacturing unit and entitled to Cenvat Credit on Service Tax.

This query is about the expansion site for manufacturing which also includes office space and amenities. We would like to know if service tax charged by the contractor can be availed as Cenvat Credit? There is no bifurcation of the bill for manufacturing area and other office area.

If the service tax is applicable, then under what notification? If it is not allowed, is it explained explicitly in any particular notification??

Asst.Year: 2010-11:- TDS amounting to Rs. 495000/- ,by mistakely, claimed as TCS of Rs. 495000/-. Infact , there was no TCS.We claimed a refund of Rs 4,00,000/-Approx.

While processing the ROI, since there was no TDS claimed by us , the CPC has raised a Demand of Rs 1,20,000/- by processing the ROI.


Subsequently, For Asst.Year 2011-12, there was a refund of Rs 230000/-. CPC has after adjusting the demand of Rs. 120000/- of Asst.Year 2010-11, released balance of Rs 110000/-.

Can any body clarify how to make rectification U/s 154 ? For Asst.Year 2010-11 alone? or For Both the years 2010-11 and 2011-12?