Service tax querry

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CS,CA Final Chintan Doshi

employee

20 Points Posted on 19 December 2013

Dear Sir/Madam,

We Are in the Buiseness of Fast Food. We are having various Outlet in the Mumbai.And We Have Given Some Outlet to the Franchise.

Now, According to the Notification we were liable for the Service Tax from 01st April,2013.Accordingly We have Charged service tax to the Each bill. We have applied for the Service Tax in the april 2013 itself but due to the Process and all we have alloted number from December.

Our Service Become Taxable From 01.04.2013

Now I Am having following querries:-

1. For Which Period We needs to file Service Tax Return?

2. We Have paid service tax on the Rent amount on each from 01.04.2012.So Will We get the credit of the Service tax amount paid on rent.?

3.What is the Benefit of the VCES.I heard that it will be to the Date 31.12.2013.

4.Now Our Franchise Dont have service tax number as they have applied for that so what will be the Principle liability of ours in this regards.

5.Detailed of VCES Scheme.

Replies (2)

Harendra Kumar

Tax Advisor

20 Points Posted on 19 December 2013

In my view you have taken the Service Tax Registration in the december and your service is taxable in April. In this regard you should clear the Service Tax dues update, and also make their details and same submitted in the Service Tax Department and also filed the Service Tax Return relevent period. Further you are not eligible for VCES and taken the benifit of service tax paid by you on rent, if both are the same name & address.