Case Study


Sir I have an invoice of input services as on 07/07/2016 this bill recorded in the book as on 09/07/2016 but I don't have output tax liability for next 1 year can i used this cenvat credit after 1 year agenst my exice or services tax liability.

or

If i am not able to record the input tax credit from the bill date i.e 07/07/2016 till the date of 0/07/2017 what is provision regarding cenvat credit.

and

what is the difference between av ailment and utilization.

HI Team,

Yesterday I got invoice from packers and movers with stamping manually service tax number on invoice. I Have validated service tax number and matching with vendors name.

Please assist on above information.
Thanks
Gajanan

Detail of work contract

hi experts we r providing gym services. question is tht say if we chrge fee of rs. 15000 incuding service tax of rs. 3000 and tht is also for the period of 1.10.16 to 31.3.17 thn entry will be as under cash dr 15000 to service tax 3000 to income 6000 to advances gym fee 6000 pl cnfrn d abov entry frm service tax point of view spcly

we are a pvt.ltd.co. & import material from abroad countries.
we paid clearing & forwarding charges to xyz party. In that part invoice import freight
material invoice is included.Following is example.

xyz ( clearing & forwarding party) total invoice bill 200000
agency charges 20000
import freight 170000
THC charges 10000
in xyz part bill special bill for import freight attached named "NYKLine(India) Pvt.Ltd.
Rs.170000, But on bill of lading ( carrier) name appear as "NYK Line (Thailand) co.Ltd.
In above situation can we are liable to pay service tax on ocean freight on Rs.170000/-
Including agency charges ,ocean freight we are paying to "XYZ" Indian party. On behalf of
us XYZ party paid to "NYKLine(India) Pvt.Ltd., NYK Line's parent company is registered in
"Thailand"
In above situation can we are liable to pay service tax on ocean freight on Rs.170000/-
You are requested to guide us.

Thanking you,
Regards
Rajkumar Gutti

Dear Experts
Plz tell me will i have to file service tax annual return or not for FY 2016-17

Regards
Surendra

Whether annual return by virtue of Rule 7(3A) of the Service Tax Rules 1994 is required to be filed for the F.Y.15-16 ?

I would like to know whether service tax is applicable for Individual who is engaged as Civil & Labour Contractor ?
His Total Contract Receipt is More than 10Lakhs.

Hi,

I have registered a proprietorship firm in April 2016 and so far had transactions of 6 lakhs. As, I am growing I expect that it will increase to 12-15 lakhs in a year. Now, my question is that – I provide software services to my clients across globe and I do not sell any product. So, the complete amount billed per client will be considered for service tax @14.5%? I am confused with the rules here. Basically, I deal in amazon web services, and my clients pay me using paypal. I have a current bank account in name of my company where all incoming funds are credited, and I do have a team of 3-4 members to whom I pay wages using checks.

Please advise.

I am also willing to pay for the consultancy services here if someone can assist me. I need a loan and my home loan asked that you can include the income from company as well. For your information, I am also an employee of an IT company where I receive regular salary.

Thanks,

Please somebody tell me whether i have to have service tax on receipt of courier service under reverse charge mechanism?