please tell me about service tax on GTA
i am registered manufacturer partnership firm
and i am paying freight charges to our raw material supplier on invoice as a freight charges for sheet metal material.
His invoice sample as follow
material qty rate value
cr sheet 2000 50 100000

basic value 100000
excise duty 12.36% 12360
total 112360
cst 2% 2250
freight(note 1) 4000
grand total 118610

(*note1 freight charged on qty 2 Rs. per kg)

now my query is
1. how to calculate service tax liability
2. please tell in brief about 1500 per goods carriage or 750 per individual consignment

One of my client has not fully paid service tax & interest also. So i want know whether part of payment is made is to be adjusted with principal amount or interest amount first. If possible please give section/ case law reference.

Dear All,

Please provide reference no. of any circular/notification/provision for taxability and exeption/abatement from tax related with Common Wealth Games for providing contractual work involving supply of material and installation & commissioning thereof.


With Regards,
CA.Goutam Sabyasachi
goutamca@gmail.com

Dear Experts,

I have one doubt, pls. help me in this.
Suppose if company is into trading business on which VAT charged & also into service business on which service tax charged. however they are not maintaining seperate books of accounts of two business, so how can we claim set off of service tax paid on common input services. what should be formula to claim input credit set off under this condition.

Second in reverse charge mechanism applicable from 1-7-12 can service receiver claim set off of his share of service tax, or whether he has to pay without setoff.

Pls. advice me urgently.

Thanks in anticipation.

Shrenik Shah

One of my client being a Partnership Firm engaged in Construction Activities as Builder or Developer. It undertakes construction of 24 Residential House/Flats for Buyers who are Individuals.This Project is meant for Medium Class Persons.So nearly the Construction cost comes to Rs.8-10 lacs Approximately.After adding the Profit margin Builder/Developer makes Bill for each Buyer along with Sale Deed for registration purposes.Now in this scenario please give reply as to following queries:-

i) what will be Service Tax Rate to be charged.
ii) whether such services comes under RCM as per Service tax law.
iii) If covered under RCM then whether Service recipient is also subject to ST net or not.
iv) what will be ST rate to be borne both by Service Provider & Service Receiver.

Awaits an Early response.

Dear Sir,
We are manufacturer of transformer and supplying raw material (Ms plate) to job worker for manufacturing of tank(semi finished).He is using consummbles(electrodes),man power & electricity of his own in his plant. As we are in ED exemption Zone (Uttarakhand)& our job worker also in uttarakhand but he does not have ED exemption, I want to know weather job work attract service tax or VAT on it.

Dear Sir,
We are manufacturer of transformer and supplying raw material (Ms plate) to job worker for manufacturing of tank(semi finished).He is using consummbles(electrodes),man power & electricity of his own in his plant. As we are in ED exemption Zone (Uttarakhand)& our job worker also in uttarakhand(ED exemption Zone), I want to know weather job work attract service tax or VAT on it.

sir for ipcc nov 2012 exams what rate of service tax and which approach of service tax will be applicable?

we are sending paper under challan in terms of rule 4(5)(a) of cenvat credit Rules 2004 for printing of Ream Labels to various Job Workers. labels are printed by job workers using their printing ink.
the printed lables and the waste paper arising during printing are sent to us under cover of challan issued in this regard. the printed labels are used captively.
No separate charge is claimed in the bill towards cost of printing ink and printing charge.
whether the above job works are coming under the category of works contract ? if yes, whether service tax is payable under Reverse charge mechanism by service tax?

We are manufacturing unit as we are receiveing services like Manpower & Security services as well as we are paying GTA on carrige out.

We are takeing above services from private limited company as well as propriety firm .

As per new amedments what are the step we have to take .

Nitin Haldikar