One assessee is both a manufacture and a trader of the similar goods. Suppose the assessee is manufacturing shoes and selling it as well as it is buying shoes from the other manufacturer and selling it. For carrying on this business the assessee is availing some input service. My question is whether the assessee can avail the credit of the service tax paid on the input service received? Please refer any case laws or provisions to support ur answer.
RESPECTED SIR/MADAM,
OUR CLIENT FILED SERVICE TAX RETURN LAST YEAR BUT DID NOT CLAIM EXCISE DUTY PAID ON ACQUIRING MACHINERY FOR PERFORMING SERVICES.THE AMOUNT EXCESS PAID IS 48 LAKHS.CAN WE FILE REVISED RETURN NOW AND SELF ADJUST THE EXCESS PAID AMOUNT AGAINST THE LIABILITY OF THIS YEAR.IF REVISED RETURN IS NOT POSSIBLE IN WHAT WAY CAN WE CLAIM THE EXCESS PAID AMOUNT?
Suppose, an entity (service receiver) pays service tax on goods trasport by road by availing 75% abatement. Now, can it avail CENVAT credit of this service tax paid ? Answer by refering the provisions of law. I think it can be availed.
Is Service tax paid on Terminal Handling Charges (THC) & Documentation Charges (DOC)in case of Export Freight is cenvatable? Can we avail the Cedit of the same?
Pls Suggest with appropriate sections /rules.
Regards,
Prem
Dear Freinds,
Kindly let me know the applicability of Servise tax on Job Charges.
My Company is Forging manufacturer (Iron & Steel)and carry out job work on material provided by the parties.
During Excise Audit of FY 2006-07, Auditors are asking to charge Service Tax on Job Charges.
Kindly Solve the Problem at the earliest
party 1 has raised a Performa Invoice for Rs. 5,00,000 and then a final bill for the same amount.
Now, Party 2, to whom the bill is raised has paid TDS for both for the Proforma Invoice and the final bill.
So, what are the consequences and how can they be solved.
SERVICE TAX LIABILITY IS ALSO INCLUDED
What if the service provider fails to charge service tax, whether service receiver can be held responsible in this case?
1. A Contactor Received from Rs. 1000000/- from Oil India Limited for the Month of Oct'2007 against Payment to Securities
2. Securities Appointed By OIL India Limited but Payment received Contactor M/s. Naryan Mukhajee & Co. and Payment to Securities.
M/s. Naryan Mukharhee A/c
Received Rs.10,000,000/- Lakhs
Securities Payment Rs. 8,00,000/- Lakhs
EPF/ESI/ Rs. 45,000/-
Incomes TAX TDS Rs. 20,000/-
Thieft Deducation Rs. 5,000/-
Q. Which amount is Service Taxpayable
I need a Circulars with details of if any Deducation of Laour Wages,Staff Salary,Fooding, Camp Making, PF, etc in Security Agencies Services
please give me detailed information about service tax on commercial rented property along with circular number?
We are providing maintenance services to our clients and we are charging maintenance charges for that.We are charging service tax on service fees which is 15% of our actual expenditure on maintenance.Are we doing the right thing or we should charge the service tax on the whole amount i.e. including our actual expenditure.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
Input service Credit