If a company is doing repair work (Overhauling) on machinery,not an authorised service agent,also not registered under service tax act,is it mandatory to charge service tax from customer?

WE HAVE PAY RS. 5 LAC AS SERVICE TAX OUT OF WHICH RS 2 LAC IS INTEREST PERTAINING TO FY-2005-06 &2008-09.

WHAT ENTRY SHOULD I MADE & WILL I GET EXPENSE ALLOWABLE?

PLEASE ADVICE..

Hi,

I'm working with an Advertising Company.

I need to have a clarity about charging/calculating a service tax.

Q: Shall we consider n calculate service tax on net earning amount of deal?

Or On gross earning amount of deal?

If you could mail me answer on the same along with the supporting declaration ( if any),will be appreciated.

Regards,

In case Service Provider is registered under Service Tax because of Rs 9 Lakh exemption limit , but annual Service Provided amount not exceeds Rs 10 Lakhs , whether need to Pay Service Tax from next year from beginning or wait till 10 Lakhs in next year..

Whether we take input credit on service tax on trading unit related to import purchase and sale of goods and service tax paid to shipping line charges then such trading unit can claim input credit under service tax

Dear sir,

Our company is importing technical know-how from Germany.
1. Do the company need to pay R&D Cess @ 5% on import of technical know-how? Are there any exemptions from this levy?
2. As per my understanding Cenvat credit of Service tax paid (@ 5.30%) can be taken. But is it anyway possible to take Cenvat credit / Refund of the R & D Cess paid? Please provide procedure to claim the same

Please provide copy of the R&D Cess Rule, if possible.

If a construction company uses a service of a transporter to transport goods from one of its construction site to another within the same city limits, is the service receiver liable to pay service tax as per reverse charge machenism under Goods transport Agency (GTA). Is there any circular for such service?

dear sir,

I have imported a digital sign board paying custom duty. I am providing advertisement service through that machinery and also invoice service tax on my bills @ 10.30 %.

Can i get cenvat For payment of service tax out of any of the duty paid vide bill of entry i.e..

1. BCD
2. CVD
3. EDU CESS ON CVD
4. ADDNL. DUTY (IMPORT)@4 %
5. SH CUST EDU CESS

?

Dear Friends!

Ours company is engaged in manufacturing of Auto parts. We avail services w.r.t to design and drawing through mail for a foreign company which has no existence in India. Even that foreign company do not come to India for providing its technical support. We also do not use its brand name. The final products are sold in our brand name only.

Understanding with the Foreign Company:

We have to pay as Royalty @ 2% on the basic sales price of the product which are manufactured by using its design and drawing.

My Query:

1. Is the payment of Royalty attract Service Tax?
2. If yes, then what is its procedure to be followed?
3. Can the service tax if so charged be availed as MODVAT Credit?

Your earlier response to this will be highly appreciable.

Thanks

XYZ Ltd. (Outside India) will appoint A (in India) to execute payment/receipts on account of purchase and sale of shares through savings bank account of NRIs maintained and appoint B (in India) to execute purchase and sale of shares. A will charge Rs. 100 as transaction charges from NRI customers (which will be collected in India). A will retain Rs. 25 and balance Rs. 75 will remit to XYZ Ltd.. B will charge 1% brokerage from NRI customers (which will be collected in India).B will retain 75% of the brokerage and balance 25% remit to XYZ.

What will be service tax liability of each XYZ Ltd., A and B. How XYZ will treat service tax payment (if any) in its books