Hi,

I provide accountant services to few of my clients. The fees i charge in whole year is less than 3 lacs in aggregate of all clients taken together.
I registered my self under service tax. But is it compulsory for me to charge service tax on every service i am providing?
Is there any benefit or exemption for registered service provider whose annual turnover does not exceed exemption limit.

Best Wishes
Akash

Hi !!

We have recd Advance from Client against Service to be provided in Feb'15.As per rule Ser Tax with ED Cess paid in 6.3.15
illust.

Adv Amount recd 25,000/-
Basic Ser tax @ 12% = 3000/-
ED cess @ 2% = 60/-
H & S @ 1% = 30/-

Now Service is Completed in July' 15 Total single Bill Value is Rs 2,50,000/- & Ser tax @ 14% calculated & Invoice raised to Client, Now how to show amount is ST-3 Return , Please elaborate in details , No problem in accounting only ST-3 return issue.

Rule 6 (3A) of Cenvat credit rule, value of trading activity defined earlier (in explanation -I). Now its not there. When it was removed and what will be value of trading activity for calculation purposes?

Dear sir

Please advice, can service tax department issue second time scrutiny notice of same assessment year?
In this case assistant commissioner hearing the matter for ay 2010-2014 and passed order and some amount of demand and we are paid the same amount. After 1(one) year the superintendent was issue scrutiny notice of same year (2010-2015).

Hi,

Last Year in FY 2014-15 we have rased invoices with Servicetax 12.36% and paid the Servicetax to Governmet.Now Party is asking us to revise the invoices With Tax 14%.They will pay invoice at new rate in FY 2015-16


Can We adjust or take Input credit(Old Invoices) of Servicetax 12.36% OR only 12% for Last year against 14% Servicetax payable.

What is the criteria to avail the Composition Scheme in Service tax?

Dear Professional colleague

Wedding shoot in foreign and the raw film is send by foreign client to Indian film Editor for editing,graphics design,and for giving sound impact in the film.

Indian film editor after doing the work in india for the aforesaid job send back of the above vedio tape / film production to foreign client and billed to foreign client not charge service tax on above bill for the F.Y.2015-2016.

Is it any service tax liability on the above case will arise or not ? if not kindly provide the service tax notification no. of exemption .


Thanks & regards
S.K.Gupta

Our client has provided invoices to L & T Co. with service tax but the payment was actually made by the company without service tax. No service tax is paid as there was dispute, company said that it will be reimbursed after payment made by our client while client said that it will be paid after payment made by company. During dispute period of 5 years, he was not our client.
Now summons from service tax department is received.
If the payment of service tax for the last 5 years is made now, can company claim full input credit for the above mentioned 5 years. Limit of 1 year’s input credit is intoduced w.e.f. april, 2014. Invoices raised before April 2014 are eligible for input credit now ?

Dear experts,
one of our customer has booked the flat under construction, the total flat worth is 70 lacs, at the time of booking agreement he has given RS. 10 advance and rs 60 lacs is remaining balance. plz tell me as i received rs 10 lacs as advacne. weather ST will be paid on only 10 lacs or on total 70 lacs, at this time,

thanx & regard
Sahil

Dear All,

we have paid part payment to vendor of services with 12.36% and received invoice of part payment,bill dtd 31-03-2015,services render will be in nov 2015.remaining part payment we have paid in the month of july 2015 with service tax 14%
but vendor has been given bill of this remaining part payment with differance service tax amount as a payable of 1st bill on dtd 31-03-2015.

please suggest should we pay differance amount of servicetax of 1st bill on dtd 31-03-2015.

please suggest with notification.