Reverse charge mechanism
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 March 2015
Plz suggest on following situation:
We are startup company registered under companies act but we dont have service tax registration number yet .We have 3 bills of Rent a cab and one invoice of Legal services .
Rent a bill 1 invoice date 03.07.2014
Rent a bill 2 invoice date 31.07.2014
Rent a bill 3 invoice date 23.08.2014
Legal service invoice date 1.09.2014
We did not booked above mentioned bills due to non availability of service tax number (coz RCM is applicable ).
So suggest me how can we proceed .
what says point of taxation rules and when service tax payment will be due ?
Thanx in advance
We are startup company registered under companies act but we dont have service tax registration number yet .We have 3 bills of Rent a cab and one invoice of Legal services .
Rent a bill 1 invoice date 03.07.2014
Rent a bill 2 invoice date 31.07.2014
Rent a bill 3 invoice date 23.08.2014
Legal service invoice date 1.09.2014
We did not booked above mentioned bills due to non availability of service tax number (coz RCM is applicable ).
So suggest me how can we proceed .
what says point of taxation rules and when service tax payment will be due ?
Thanx in advance
23 March 2015
apply for service tax no under form st-1 and then make payment of service tax
S SRINIVASAN
(Expert)
23 March 2015
Rent a bill 1 - Due on 05-08-2014
Rent a bill 2 - Due on 05-08-2014
Rent a bill 3 - Due on 05-09-2014
Legal Service - Due on 05-10-2014
You can avail abatement until 30-09-2014 for all types of cabs but not after 01-10-2014.
Also interest applicable @ 18%/24%/30%
For delay upto 6 months - 18% per annum prorated for number of days of delay
For delay up to 1 year - 24% per annum
For delay beyond 1 year - 30%
casrinivasantry@gmail.com
Rent a bill 2 - Due on 05-08-2014
Rent a bill 3 - Due on 05-09-2014
Legal Service - Due on 05-10-2014
You can avail abatement until 30-09-2014 for all types of cabs but not after 01-10-2014.
Also interest applicable @ 18%/24%/30%
For delay upto 6 months - 18% per annum prorated for number of days of delay
For delay up to 1 year - 24% per annum
For delay beyond 1 year - 30%
casrinivasantry@gmail.com
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