Please help ... Service Tax

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We are having a C&F Business from May,2007 and we have not paid any service tax till yet . Please help me as to how much tax is to be paid and what is the rate and whether any penalty will be imposed for not paying till yet. please help !!! please Help!!!
Replies (13)
Originally posted by :arvind bazari
"

We are having a C&F Business from May,2007 and we have not paid any service tax till yet .
Please help me as to how much tax is to be paid and what is the rate and whether any penalty will be imposed for not paying till yet.

please help !!! please Help!!!

 

hi

first we would like to know how much commission you have received because up to Rs. 8.00 is not taxable in service up to march 08

"


 

from May 2007 to march 2008 we have received around 60 lakhs as commisiion from   C&F Business.

We have service tax registration and we claim it from the company as well @ 12.36% on the bill value but we have not deposited a single ruppee till yet

 

 

 

SIR,

OUR ASSOCIATION IS REGISTRED UNDER A.P.SOCIETES ACT 2001.WE PUBLISH

BULLETIN QUQRTERLY GIVING DETAILED INFORMATION ABOUT,RULES REGULATIONS,PRODUCT INFORMATION,CONNECTED TO OUR TRDE,PHAMA.WE COLLECT ONLY NOMINAL SUBSCRIPTION OUR MEMBER ASSOCITIOS,BECAUSEOUR IS A FEDERATION.MANUFACTURES OF DRUGS  PAY US FOR THE INFORMATION OF THEIR PRODUCTS TOBE PUBLISHED IN OUR BULLETIN.DO WE ATTRACT SERVIE TAX.TH.U.REGARDS,RAMAKRISHNA.

SURRENDER OF SERVICE TAX REGD NO.

You will have to pay the service tax @ 12.36%

Inteerst @ 13% will also be charged for not making payment of Ser tax on Time

Penalty u/s 76/78 may be imposed.

(Vineet Bansal)

Sir

please confirm if any service tax will charge in export on carage for outsite india but amount payable at india .

 

Originally posted by :Guest
" Sir
Please give me the answer if we are not deposit the service tax on time then how much interest rate will be charged, and what is the account head code of interest, cess & H.E. cess on Renting of Immovable property.
"


 

sir i am cargo service provider and i just want to know about the srvice tax weather service tax applicable when goods has been booked from Jammu to all over india and payment term is collected from jammu only on TO BE BILLED but party not paying the service tax at the time of freight payment.apart from that party at jammu said service tax is not applicable in jammu on outgoing consignment

 

plz hep me sir this is very urgent

sir,

IAM DOING AS SUB CONTRACTOR IN ERRECTION ,FABRICATION & MECHANICAL WORKS ALREADY MAIN CONTRACTOR COLLECTING THE SERVICE TAX FROM THE CLIANTS AND PAYING THE SERVICE TAX. THE SUB CONTRACTOR IS LIABLE FOR SERVICE TAX OR NOT. AND WHAT IS THE PERSENTAGE OF TAX TO COLLECT FROM THE MAIN CONTRACTOR.

THERE IS NO CLARIFICATION SUB CONTRACTOR FOR MECHANICAL WAS LIABLE TO COLLECT THE SERVICE TAX. SO KINDLY CLARIFY MY DOUBTS IMMEDIATELY

CHANDRA SEKHAR

Originally posted by :Guest
" sir,
IAM DOING AS SUB CONTRACTOR IN ERRECTION ,FABRICATION & MECHANICAL WORKS ALREADY MAIN CONTRACTOR COLLECTING THE SERVICE TAX FROM THE CLIANTS AND PAYING THE SERVICE TAX. THE SUB CONTRACTOR IS LIABLE FOR SERVICE TAX OR NOT. AND WHAT IS THE PERSENTAGE OF TAX TO COLLECT FROM THE MAIN CONTRACTOR.
THERE IS NO CLARIFICATION SUB CONTRACTOR FOR MECHANICAL WAS LIABLE TO COLLECT THE SERVICE TAX. SO KINDLY CLARIFY MY DOUBTS IMMEDIATELY
CHANDRA SEKHAR
"


 

Would like to Know, is RBI as a customer is exempt from Service Tax or not? In short, if we are providing any service to RBI, we need to charge Service Tax to them or not?

Kindly revert immediately..

 

Even a sub-contractor is also a service provider under service tax. Any bill raised by you on the contractor needs to be raised with service tax if you have exceeded the overall limit of Rs.10 lacs for registration in the current year. The contractor would be able to set off the credit of the service tax raised in your bills from the amount to be deposited out of his collections from the clients.

He would be paying the balance

as regards the rate of tax, need to understand the details of your operations as regards only service or including service which would form the basis for utilising the options under the service tax act

Sir, Please let me know. weather service tax liablilies is applicable on interest payable to bank.


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