Dear Sir/ Madam,
Can I take set off of service tax paid on services purchased by me????
Pls. help me...
Would like to know whether Service Tax or and any other formalities are needed for operating a guest house with food facility.
It will have only 4 to 5 bedrooms fully furnished independent house on rent.
pls clarify.
Sir,
Thanks for your earlier replies
I wish you all a very happy, peaceful and prosperous New Year 2008
I have a query on Service tax on Works contract
A contractor executing a works contract also utilizes the work of a sub contractor.
Both main contractor and the sub contractor does the work involving labour, materials etc.
As per the new rules the value of works contract excludes the value of transfer of property involved in materials.
Now the situation is like this
The value of Works contract is Rs.50,00,000
The value of materials is Rs.20,00,000
The amount paid to Sub Contractor Rs.25,00,000
If I am correct, the taxable value of service for the main contractor is Rs.30,00,000 (50-20)
My query now is
1.If the amount paid to sub contractor also includes the value of materials involved, how to claim that exemption
2.Very importantly, is sub contractor also liable to pay service tax under the new rule?
3.If the sub contractor is liable, whether main contractor or the sub contractor can input tax credit in any possibility?
4.Is there any mention that even the sub contractor also liable for works contract service tax in the new rules?
Pls clarify the same.
Regards,
M.P.Arun
co op crdit society given followin srvices to its members
1-dd commission
2-prossing chargers
3-valuation of gold charges
4-building donation/bld fund
5-light bill com.from electricity board
whether co op crdit society are liable to service tax or not
A tour operator taking foreign tour for Haj Pilgrimage is covered by service tax or not.
hi
Does Service Tax attracted to the Software implementation in Domestic Company
if so please specify under which service Tax category
Thanks
recevied materials from party who are not registered in exice.they are scrap trader
job works are done in our premises total labou charges are blow taxable but some materils are laying in our premises this materials are not given back. we further processed and sold in the market our purchases are nill but sales are about rs 7 lacks whether we are liable to srvice tax.total lab charges are around rs.6 lakhs.our unit is ssi unit total exemption is rs 1.5 cores to ssi unit whether both labour charges and manufactures are clubed in srvice tax and exice pl.clerify my qury as early as possible.any notification or circulers are there pl.give me
thanks/
Whether rental of houseproperty for personal use a Taxable service?
Hi All,
I want to know something regarding service tax.
In case of service tax, if a person in India takes services of any person who is abroad, then the service tax liability is of the service receiver.
Now if an Indian has taken the services in aborad of any agent for arranging Foreign Currency Convertible Bonds and paid the agency commission in aborad out of the funds received through FCCB.
Now the question is whether we had received the services in aborad or India?
Your earlier response will be highly appreciated
Regards,
Rajan Kapoor
CA Final Student
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