service tax

Queries 735 views 5 replies

zeal sheth

127 Points Joined December 2008

One of my client provide two type of service in two name Placement service and Loan Consultancy service. He has service tax no. and already file service tax return of placement service provided by him ( Rs. 50000 service provided ) now he already provided Loan consultancy service around Rs. 180000 is he Liable to pay service tax on 180000 loan consultancy service

Replies (5)

Guest

Yes, he is liable to pay service tax on loan consultancy fee as (i) he is not eligible for the benefit of small service providers and (ii) loan consultancy service is a taxable service.

Viren D. Thakker

CMA Final

174 Points Joined July 2009

when we outsource 100% manufacturing activity as jobwork then can we take service tax credit as ASP against excise duty paid by job worker under rule 4(5)(a) and 4(6)

Madhukar N Hiregange

Chartered Accountant

39039 Points Joined September 2008

Originally posted by :Viren Dilip Thakker
"	when we outsource 100% manufacturing activity as jobwork then can we take service tax credit as ASP against excise duty paid by job worker under rule 4(5)(a) and 4(6)	"

Question is not clear. Whether the JW can avail the credit of service tax to pay the CED on manufactured products? If that is the question the answer is yes. He stands in the shoes of the manufacturer where he can get all the benefits a manufacturer can get.