I would like to know, if company is originally registered in Service Tax dept. as repairs and maintenance services and then wanted to start Erection, Commissioning & Installation services later, Is the company required to amend the certificate with new services.
Please advice.
Kindly let me know whether service tax credit can be availed by the company or not in the case below. The facts are as under:
A manufacturing company has place of removal as its factory gate. It sells their product to the dealer. The dealer sells this product to the customers. The company has an agreement with a bank that the bank will lend finance to the customers who would like to buy it. In return, company would pay Rs. 1000/- per product financed by the bank. This is called Subvention Charges by bank. The applies service tax @ 10.3% on this subvention charges & the same is paid by the manufacturing company to the bank.
Now, the question here is whether the manufacturing company can avail Cenvat Credit on the Service tax on Subvention charges paid by it to bank.
DEAR SIR,
We are a manufacturer of iron steel.We have not received last years service tax certificate from our bank yet.If the certificate get now can we set off this amount with our excise duty payable.
Dear Sirs,
My client in Maharashtra is going to purchase POCKLAND Excavator machine. This machine will be used for excavation/digging of land of builders/land developers/infrastruture developers. He will provide service but the entire control will be in the hands of the employees of the owner(my client) of the machine and fuel/maintenance expenses will also be borne by him. My query is that under which service catagory the above service falls. Also please advice me whether Maharashtra Value Added Tax will also be applicable or not.
whether company can avail the benefit of input service credit if it is paid on employee's group health insurance......
Answer nowA PSU is owning a weighbridge and providing the weighment service to the truck drivers carrying the goods of their(PSU) customer and charging the weighment charges from the truck drivers.
Whether the above weighment charges received are under the net of service tax.
Dear Expert,
Wheather there is any provision or section regarding Ex-Parte in service tax Act as in Sales Tax or Income tax
sir,
I am taking commission against targeted sales.Actuall condition is that If I achive the target of sales at arount 12000 mt. up to dec.11, then i will get @ 200/- P.m.t in this sales tonnes. otherwise i will not get any commission.
and If i got the commission through bill has been raised on 12/01/2012 against that , so, is the liabel of service tax as per point of taxation procedure. or i have to pay interest on that or penality.
Actually this contact is continious from April.2011 , the whole sales is up to dec.11.
So, Please guide us.
Thanking you.
My client is an authorised dealer of two wheeler company doing both sales n service. can he claim threshold limit benefit under service tax act? This query I had posted earlier and got Expert reply that it can be availed. can u please provide me with any case law to that effect either at commissioner or Tribunal level? The Service Tax authorities have raised demand of service tax from my client from first receipt and insisting that threshold limit exemption cant be availed.
Answer nowHi,
Whether under current definition of input service, credit on service tax paid on vehicle insurance (vehicle given as perk car to employees) is allowed or not?
Some cars are on the name of company and some are not.
Kindly revert ASAP.
Regards
Ajay Tarate
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
Amendment of certificate required.