Sir one of our client is registered in taxable territory and has rendered erection and comissioning service at bhutan. The amount is received in convertable foreign exchange and in due time. Whether service tax will be applicable. Whether we have to reverse the cenvat credit on inputs or input service used in providing such service. The audit party is pressing on that we have to pay the duty as per notification 39/2012. We donot want to take and refund or any rebate of duty. Then also is it mandatory that we have to be guided by notification 39/2012.

Regards

Vipin

Please advice on the applicability of Service Tax on Sinking Funds Invoices raised by RWA on it's Members once in a Year to collect amount for future replacement of Housing Complex's Assets, e.g. Chillers, Lifts, Diesel Generating Sets etc. ?
There are various views.
1. One view is amount of Sinking Fund is taxable at the time of raising Invoices as amount per Member Exceeds Rs.5000/-. Invoices are raised Once in a Year.

2. Another view is, it is NOT Taxable as it is in the Assets Replacement Fund, i.e. for Purchase of Capital Assets and not for providing maintenance Services.
There is also argument that when the Assets will be purchased, there will be significant portion of VAT and very little portion of Service Tax for Installation of the Asset/s. So, practically no significant portion of cenvat credit benefit will be available to RWA.
There is also argument that when Assets will be purchased in future, RWA do not claim Cenvat Credit. So Department has received the Service Tax in that way included in the Invoice of the Vendor to RWA !!

3. The 3rd argument is that Assets will be purchased by RWA as Pure Agent for it's Members and NO QUESTION of Service Tax applicability !!

Please advice if Service Tax is to be CHARGED by RWA on Sinking Fund Invoices raised by it on it's Memebrs or NOT.
N J S

Dear Experts,

I am working in a public limited company, We used to Repair or construction of plant or office building through contractor. We will pay the contractor on square feet basis on work done. here all the materials supplied by us and contractor is just working as per our instructions.

Contractor is not charging service tax since he has not crossed his trash-hold limit.

Transfer of goods means what ? (even material supplied by the service receiver is also considered as transfer of material)

Here my query is ..

Is this work comes under Works contract ? or can we call as jobwork..

Is Service tax is applicable.. ?

Please Guide us

Thanks in advance.

When i filed the return of the client. The Return is showing error that the challan number 623102......... doesnt not exist and/or it is not matching with the database.
I made payment on the same day when i filed the return.
Is the error occured because i have filed the return on the same day when i made payment or any other reason?
What should i do now?

DEAR ALL
MY CUSTOMER IS ASKING TO PAY SERVICETAX, THEY HAVE REGISTERED UNDER GTA, WHETHER WE HAVE TO PAY TAX

REGARDS

Hi sir I purchased a 10 years old house with My personal loan, for repair some more amount is required, is it possible to convert personal loan to home loan ( I heard that I will get more amount) because I am salaried person. so that I get more tax benefit.

HI EXPERT
RENTING OF PLANT AND MACHINERY SUCH AS JCB, POKLAND COVERED UNDER SERVICE TAX.
SERVICE PROVIDER IS NOT TRANSFERING RIGHT TO USE MACHINERY TO RECEIVER.
IS THERE ANY ABATEMENT ON THIS

Respected Sir/Madam,
Kindly let me know about service tax rates applicable for CS Professional December 2016 attempt.
It will be 14 % + .50 % Sawcch Bharat cess + .50 Krishi Kalyan Cess = 15% or 14.50 % (Except Krishi Kalyan Cess)

Thanking You

Dear Learned Members,
Please provide solution for following queries -
1) Whether individual, who is not CA/CS/CWA/Advocate is required to pay service tax on his professional fees related to tax consultancy, Insurance and Mutual fund Advisory?
2) If A is laying for Recognised sport body, whether A is liable to pay service tax on his retainership fees? if Yes, on which amount service tax is required to be levied, Total retainership fees or Net of TDS retainership fees?

if an assessee makes payment to transporter onbehalf of service receiver by keeping his commission (say 2%),whether he is liable to pay service tax if total commission income during the year does not exceed 10lacs?