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My company has a centralised service tax registration, while preparing one of the invoice the service tax component was missed out in error, and the invoice was prepared only for the basic value.
When we collected the amount for that invoice we paid service tax to the authority treating the basic amount as 112.36%.
Since its a loss for me, i want to raise a seperate invoice for the service tax component on the above basic value.
Please guide me for the same, as the customers are not accepting such seperate invoice mentioning only the service tax amount.
also provide with any circular / provision in such respect.
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A company in India has entered into a Joint venture with a foreign company, say ABC Ltd(dealing in shares), to promote the Indian capital market. The Indian company has its staff deputed in the foreign company. The foreign company -ABC Ltd, enters into an agreement with the Indian company to market the produts of Indian capital for which a Marketing Fee will be paid by the Indian company.
Does this constitute Import of Service? Is Service tax payable by the Indian company in India on the Marketing Fee paid abroad?
This Query has 2 replies
Hi all,
Kindly resolve the following query:
Client being a service recipient do not want to pay service tax. According to the client (Govt. Body/One of the Ministry of Govt. of India), they are funded by Grants-in-Aid and as such service tax is not applicable.
Now, I wanted to know whether there is any law/rule/provisions in respect of Service Tax that allows non-applicability of service tax if service recipient has source of funds from Grants-in-Aid and thus not willing to pay service tax.
In case of above situation, what course of action should be taken?
Thanks in advance.
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head office & branch office are in different states then they both require different service tax no.And limit of exemption upto 10Lacs is different for both or not?
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HOW TO COMPUTE SERVICE TAX IN WORKS CONTRACTS WHERE THE CONTRACTORS CHARGING VA in composite scheme.
Is the below process is ok?
Say Groos amount 100
Vat 4% 4
Total 104
service tax
33% on 12.36% on 100=4.07
Net amount 112.07
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The commercial building made by me. pls tell me what is the rate of service tax on sale of commeriacl shop.
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Dear Friends
I have quarry regarding payment of service tax. One of my client has paid service tax on the basis of gross amount of bill charged and not on the basis of receipt of amount of bill. He has done so for a period of 18 months and till today he has not filed his service tax return. Now we want to file his service tax return for 3 last half years. Now the problem is there is an excess payment of service tax in some quarter and less payment of service tax in another quarter.
So, my question is whether such excess amount of service tax can be adjusted against the liability of subsequent quarter's service tax liability and interest liability there on?
If yes, then whether first against interest or service tax ?
If not, then whether the excess amount should be claimed as refund?
I hope you will spare your valuable time to guide me.
Thanking you.
CA. Deepak Patel
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I am providing software support service to U.S based company, I am not providing service to any Indian Company.My Annual Gross Receipts are around 40 lacs.Does I am liable to pay service tax.
Thanks.
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Dear sir,
Our company is having a business of software development, training & coaching services, and provide the services to govt. departments, for example : recrutment for irrigation department Just like software devlopment for examination ( application form, answer sheets, result sheet, attendence sheet, receipts, mark sheet, website etc.). We are having a registration under training & coaching services. which service registraion for recrument of employee for govt. dept. and various type of departmental examinations. how we get the setoff for which service we will paid the service tax?
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wheather we should study notification no. in serv tax/?
is it ok to study only notification no. without its actual date/?
6 days Certification Course on GST Practical Return Filing Process
Service tax not charged earlier