Sir,
We are receiving Rent from Office and Furniture and We have a separate agreement for both We are receiving Separate Cheque for Rent on office and Furniture from F.y. 2006-2007 We are Charging Service Tax on Rent on office since it is a immovable property
Whether we have to Charge a Service Tax on Furniture for which we are receiving the rent if yes than from which year we have to pay service TAX
Please suggest
One of my client started providing Taxable service from May’07.Exemption limit of 800000/- was not crossed till Jan’08. However our client without knowing was depositing service tax right from day one though he was not collecting service tax from his client. Now my question can he claim service tax refund if yes what is the process?
Respected Dear Sir(s),
We hv following query. We request your Valuable review on this.
The assessee is paying service tax on goods transportation by road freight....as a service receipient.
The assessee has availed credit of ST paid by it on Advertisement Exp. and have utilised the same for paying service tax on freight, payable by it as a receipient of service.
The assessee has done so upto 1st March, 2008, under bona fide assumption that, it is a "deemed service provider" and therefore can take credit and utilise the same for payment of service tax on frieght.
Sir, Will u please guide us as to
1. Whether such a credit can be availed and utilised by the Service Receiptient for Payment of Service Tax on Freight ?
2. Which are the sections/provisions/rules under which the assessee is eligible OR not eligible to availe and utilise such credit ?
Thanking You.
Awaiting a reply.
Is the basic exemption limit of Rs 10.00 lakhs applicable each year? ( like IT)
Or liability to service tax arises as soon as limit of 10.00 lakhs is exceeded in each year ? Suppose an assessee has 5 lakhs,7lakhs,10 lakhs as billed services during last 3 yrs how the service tax provisions would apply
Thanks for your offer to clarify
subrahmanyam
Dear Experts,
if we have received 200/- rs. service tax in April-08 and paid 250/- to those who provide us services then its mean credit input is more then service received. then its mean we have no liability to pay Service Tax in May-08 to Government.
or one thing more can we also Forward balance Rs. 50/- for next month in June-08 while depositing service tax..
Hi
We are a start-up partnership firm. We offer Integrated Facility Mgmt in residential & educational arena.
Queries -
1. Applicable of ST?
2. If yes, is it applicable from the 1st yr (& how much) and the min reqd turnover?
3. Tips to reduce the burden
Thanks
Geetesh
hi all,
pl may someone tell me what is defination of "Input Services"?
mean to say (a)may we consider the services provided by a service provider from manufacturing a final product and upto Sale?
or (b)it's only services which are used upto manufaturing the final product?
(c)further if above (b)called input services, can we avail the Service tax credit, provided by a sevice provider inbetween, after manufacturing a final product and upto sale the same?
pl reply ASAP
We are a recruitment and placement agency.We pay service tax on AMC and maintenance bills of computers,ACs, DG sets etc. Can we claim credit for the service tax paid.
If we engage a consulting firm which is a private limited company for representing on behalf of us which sends its employees (Chartered Accountant) to represent before the appellate authorities, is such service is covered under Management consultancy service or not?
pls tell me anyone :-
how i can get gar-7 to payment of service tax.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
Service Tax on Furniture Rent