I have taken a service tax number of a party under General Insurance business..He is selling general insurance as an agentI heard it comes under INSURANCE AUXILIARY SERVICEhow can i rectify this mistake..I have filled the st-3 for oct14 to mar15 period under general insurance head..

As per new amendment abatement on GTA is 70%, and balance 30% are liable for RCM.
Now the question how to pay service tax under if the bill received by the GTA IS already mention the service tax with the rate 3.708% (i.e after 70% abatement 12.36%)
Basic charges - 44640
Service Tax (70% abatement) - 1656
Total bill amount - 46296

now whether we have to pay 46296 to GTA
or only pay Rs. 44640/- to GTA and service tax to be paid under RCM Rs. 1656/-

Dear all expert
i have one doubt in my mind which i am gonna clear it out...
suppose i have issued invoice on 27/4/2015 ST 12.36% and if on 1/7/2014 the ST rate has been changed 14%. the payment of my invoice has receipt on 1/8/2015. in this case do we need to pay ST at 12.36% or 14%

plz guide

One of my client has recently got registration on 20.04.2015 & started providing services under "work contract". I want to know Service tax will be charged according to point of taxation rules where(invoice issued with in 30 days from the date of completion of service, date of invoice & date of receipt of payment which ever is earlier) or according to rule (6) of section 1994 where (service tax is payable on receipt basis when turnover doesn't exceeds Rs: 50 lac during Financial Year). Please clarify it, should I charge service tax according to Point of taxation rule or rule (6) of 1994 of Finance act as mentioned above?

if i charge service tax on a lower rate a applicable as per abatement, can i avail cenvat credit, if No then is it for all kind of services,

I mean only one thing can be done either abatement or input credit.

kindly confirm

yes its from a foreign country..and the invoice is dated in month of january where as in our books its booked in the month of march..then what will be the point of taxation..

DEAR SIRS,
FOR MANPOWER RECRUITMENT/SUPPLY AGENCY SERVICE, AS PER NEW BUDGET 2015,
WHAT ARE CHANGES.
CHANGES ARE :- "FULL SERVICE TAX SHALL BE PAYABLE BY A BUSINESS ENTITY REGISTERED AS BODY CORPORATE [SERVICE RECEIVER]ON MANPOWER SUPPLY AND SECURITY SERVICES PROVIDED BY INDIVIDUAL, HUF, PARTNERSHIP FIRM OR ASSOCIATION OF PERSONS"

MEANS SERVICE PROVIDER HAS NOT TO PAY SERVICE TAX FROM HIS PART IN CASE OF INDIVIDUAL ?
INDIVIDUAL SERVICE PROVIDER HAS TO CHARGE SERVICE TAX IN FULL 12.36% AND REMIT TO DEPARTMENT ONLY?
AND PLEASE GUIDE FROM WHEN IT IS APPLICABLE FROM (ITS NOT APPLICABLE IN APRIL 2015 BILLING PERIOD) ?

Dear sir , who comes under body corporate & whether subsidiary co. & government comes under body corporate ?

one of my client has changed its constitution i.e from proprietorship to partnership from 1st jan'15. I have filed return of service tax of proprietorship from oct'14 to march'15. Now i want to register it as a partnership firm i.e altogather its a new registration (surrendering registration of ser.tax of proprietorship). But since I m taking registration now, I will be registered in service tax as on date(now). So Can I may be able to file return of Oct'14 to Mar'15 of partnership firm??????

If u r in doubt then contact me: 9510222718 CA TAUSIF SHAIKH

Dear Experts,

One of my friend is doing a real estate business (under a firm name).

In his business he is doing purchasing and sale of plots, constructing building, selling houses, receiving commission for doing brokerage work?

Kindly which of the business(s) covered under service tax?

Thank you in advance