there is a registered service provider renting immovable property.the service provider is collecting service tax.
now my question is can the service provider deduct the property tax paid on the same property from the service tax collected and deposit the balance amount of service tax.
i request for an early clarification quoting if possible any section reference or judgement or dept. notification.
thanks
R.V.RAO
daer sir
i want to know that what is the procedure for claim the service tax refund.
Please let me know the procedures for refund of service tax to exporters as per notification no.40 given by the department.
Shall I approach with Service tax department or is there any form to claim service tax?
Your valueable advice will help me to move further. My Email ID- kannan@trademin.com
S.M. KANNAN
a. inputcredit from which date onwards can be availed.
b. inputcredit taken by quartely or half yearly or yearly basis.
Should Service tax be added and TDS be deducted on the following transaction?
Facts;
Instead of each company performing its own marketing activities, one company X in India is pooling their resources together to do what we call as cluster sales and marketing activities. Essentially, all the companies(including Company X) in India would contribute to a cluster fund. The fund is then used to hire sales people to promote group companies in India, and to perform different promotional activities.
Currently, all cluster activities are paid centrally by Comapny X. All cluster sales people are also hired by this X. The costs incurred are then shared by all group companies (including X). At the end of each month, Comapny X would bill the other group companies for their share of the costs.
Questions:
1. Would the above cost sharing arrangement trigger service tax? Should Comapny X add service tax when it's charging out the costs to the group companies? Note there is no profit element being added when Comapny X is charging the costs to group companies. All items are on a cost reimbursement basis.
2. Should TDS be deducted from the amount charged by Company X? If yes, under which section of the Income Tax Act?
Whether credit of Custom Duty and Addl Duty paid on import of Capital goods which is used to in providing taxable service is available? If so, how much? In return, the details of Input Service Format, Reg no. is ask. So how to show the same in case available as credit?
Whether the service receiver can avail the benefit of exemption notification no. 34/2004 effective from 01/01/2005 ?
Dear Sir,
government of india has just issued a notification regarding service tax refund to exporters..
can any one tell me much about this..
plz let me also know what are the services on which the exporters can claim service tax refund...
can any one tell me the procedure and the form for service tax return.
A Company is in the business of letting of property for commercial use.A relative of one of the Director intends to start a trading business at one of the properties owned by the Company and pay rent as a percentage of turnover.Can the Company avoid service tax libility by accepting rent as a percentage of turnover ? What about the TDS implications ?
I have a property in minor name and have pAn allotted and income is clubbed with his parents. The rent received is more than 8 lakhs pa. Weather to apply for service tax in the name of minor or with that of parents. Since Income is clubbed as per ITax Act No such provision under service Tax. How to show his St returns if clubbed with that of his parents.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
SERVICE TAX