A Builder has sub contracted whole of the project to sub-contractor and payment is made on running bill basis. Advance payment has is received on monthly installment basis from the buyer by the builder.
what will be the service tax liability on both the parties
One of my client has been wrongly registered under the wrong Head of taxable Service which he want to rectify.
He has obtained ST-2 service tax registration form i week ago where he is allready registered under wrong head
Please provide me details of CONSEQUNSES IF HE IS REGISTERED UNDER WRONG HEAD. and wheather it is necessary to rectify his head of Taxable Service.
There is circular about compounting rate of servicetax - no. 98/04.01.2008. please confirm what is the rate.further whicle registring we should go for project to project registration or keep reglar, since in regular if it is below 10 lacs we hav to pay if I ma not wrong once it is registered.
Answer nowWHETHER THE TRUST IS LIABLE FOR RECEIVING THE SERVICE OF TRANSPORT OF GOODS BY ROAD.
I AM CONFUSED IF TRUST IS PURCHASING THE BUILDING MATERIALS FROM BUILDING MATERIAL SUPPLIER WHICH ISSUE INVOICE SEPARATELY FOR THE VALUE OF GOODS AND ANOTHER IS FOR LABOUR AS WELL AS FOR TRANSPORT OF GOODS SO WHETHER TRUST IS REQUIRED TO PAY SERVICE TAX FOR THE SECOND INVOICE IN WHICH OPPOSITE PARTY TRANSPORTER OF GOODS.
Dear Experts,
One of the client having mfg unit, is receiving bills for the payment
to the contactor ( security gurad, etc...) as under:
charges for the month Rs.1,00,000
Add: S Tax 10.3% Rs. 10,300
TOTAL Rs. 1,10,300
Add: Reimbursed Exp Rs. 50,000
(Fixed)
BILL TOTAL Rs. 1,60,300
On the above bill party deducts TDS on 1,10,300 @ 2%.
My question is :
1) Is the bill raised correct ?
2) Is tds deduction being correctly followed?
THNX IN ADVANCE
Dear All,
We are service provier under construction of residential complex having turnover > 10 L. In addition to the main service of construction of residential complex, we are providing the service for maintenance of residential apartments by charging Rs.2000 per 1000 sft. The maintenance charges of Rs.2000/- inclusive of material like Diesel, Petrol, Common area Electricity, water bills, lift & Genset AMC charges & others services like Security, House keeping, Gardening etc (which costs approx Rs.1500/- per 1000 sft).
What is the value to be considered for payment of service tax under maintenance and repair service?
Dear sir,
Whether Franchisee Fees and Royalty will be liable for Service tax?
Dear all,
the logistics company whose main business to handle container, vessel management, terminal handling services and also logistics services on behalf of principal outside india - so the Q that the company maintain container that is to repair charges, washing, cleaning charges and the company paid the service tax on same invoice, is it possible to take the service tax ctredit on the same invoice against terminal handling services(business Auxiliary services)?
please its urgent.....
My known had purchased a flat before 15 June. Loan had also been taken before June
Now he want to register his property
Kindly tell me if Service tax is applicable on such registration ?
Reply urgently>>>>> plz
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