Yogesh Rathee
This Query has 7 replies

This Query has 7 replies

22 August 2007 at 13:01

Defination of Rental Income

Dear All

is the person subletting the assets is comes under the preview of the service tax under rental income or not. wheathe rental income comes only the owner or the other person also.

kindly explain the same

Thaks


Gaurab Sarkar
This Query has 2 replies

This Query has 2 replies

21 August 2007 at 23:06

Valuation of taxable service

If rendering a service is contingent upon the happening of any event and the service charges are payable even if the event does not happen, will it be covered by - "service provided or to be provided" as per section 67 of the FA'94?

In this context, whether service tax is applicable on advances received before rendering the service?


Gaurab Sarkar
This Query has 1 replies

This Query has 1 replies

21 August 2007 at 23:05

Valuation of taxable service

If rendering a service is contingent upon the happening of any event and the service charges are payable even if the event does not happen, will it be covered by - "service provided or to be provided" as per section 67 of the FA'94?

In this context, whether service tax is applicable on advances received before rendering the service?


manish
This Query has 3 replies

This Query has 3 replies

MY CLIENT IS PROVIDING SERVICES OF FORWARD CONTRACT & COLLECT BROKERAGE & TURNOVER CHARGES. TURNOVER CHARGES IS COLLECTED ON BEHALF OF NCDEX,MCX ETC. WHICH IS PAID TO THEM. HE HAS PAID SERVICE TAX ON ONLY BROKERAGE NOT ON TURNOVER CHARGES.

I WANT TO KNOW WHETHER HE IS LIABLE FOR SERVICE TAX ON TURNOVER CHARGES OR NOT? IF YES THEN GIVE ME FULL DETAILS ABOUT IT & REFER CASE LAWS ETC.

THANKS
YOURS
MANISH MUNDRA


Yogesh Rathee
This Query has 6 replies

This Query has 6 replies

Dear Sir,

as all of us know that rental services are came under the provisions of service tax.

My query is that what happened if any assessee already raised the bill of rent to their client and registration of service tax comes after that billing.

can the assessee he liable for service tax on those bills that he had already raised. if yes then can he take cenvat of the bills raised on him during that period.

the second problem is that the assessee is under the obligation of paying some expenses to the service tax provider and he is entered an agreement for rembuirshment of the same from second party but he required to raise a bill for the same. in this case the second party had the obligation to pay only the amount of the bill of services or expenses as raised by the service provider. so what is the formalities on the part of the assessee in this matter as he is only the mediator and had not made any addittion. so can he is also required to raise the bill and mentioned the service tax seperate on the value including service tax or only on the value of the expenses.

so please let me know the possible way out of the same.

Thanks & Regards


shital desai
This Query has 2 replies

This Query has 2 replies

20 August 2007 at 06:16

Outward Freight

1. What does it mean " Upto the Place of Removal" ?

2. Service tax on ouward freight i.e. Finished goods transferred from factory premises to customer premises,can it be availed as "Input Credit" ?

3.Any consignment upto Rs 750 is not taxable. Any consignment vehicle with service charge collection upto Rs 1500 is not taxable. What does it mean?


subodh modak
This Query has 4 replies

This Query has 4 replies

The liasioning work for certain approvals from govt. departments such as EXPLOSIVES , BOILER AUTHORITIES, MUNICPAL/STATE GOVT. AUTHORITIES ETC is done. The receipts for these services includes certain out of pocket expenses expended at the offices for which no proofs are available .

If a person renders these type of services under what head of service he will be covered?

What will be the fate of expneses incurred as mentioned above?

The constitution is a partnership and doing erection & commissioning contract for which they are registered under service tax


k.chinni krishna
This Query has 1 replies

This Query has 1 replies

We have given contract for site development, plot level, compound wall etc. A single running bill is raised on our company with service tax @12.36%. So can we get set-off/credit of Service tax 12.36% against Excise returns?


k.chinni krishna
This Query has 3 replies

This Query has 3 replies

17 August 2007 at 06:24

Security chgs service tax

Can Service tax charged in bill by a Security service agency be taken as credit/set-off against excise duty payment?


k.chinni krishna
This Query has 1 replies

This Query has 1 replies

17 August 2007 at 06:13

service tax - security charges

What is the Service Tax Rates ? is Service tax rates are same for all the services ? if difference , what is rates? we are paying charges for secuirity ? define in detailed