Hello!

We all know that the new companies bill is passed.
But would we have The New Companies Act for CA final May 14 Attempt?

Please do tell me if anyone has an idea!

Thanks alot :-)

We are registered as output service provider.

We are paying freight bills on account and not bill wise to transport operators.

1) How to compute the point of taxation & discharge the service tax liability under reverse charge, if the payment not made within six months from the date of invoice, in the above situation?

2) whether we can claim cenvat credit on outward freight.

Does services tax teated as vat..??
means if someone charge service tax on us (Input) as we are registered under service tax and we are also charged service tax on our customers, so the input credit is adjustable with output service tax...???

Please Explain..!!

Does services tax teated as vat..??
means if someone charge service tax on us (Input) as we are registered under service tax and we are also charged service tax on our customers, so the input credit is adjustable with output service tax...???

Please Explain by an example how to get credit of input.?

How to calculate the VAT and service Tax from the works bill?, whether to take composition of VAT or to take abatement as per Reverse charge mechanism of service tax act.

Friends,going through a problem in respect of capital gain,..


For claiming exemption under section 54,is it necessary to invest the capital gain amount on the name of assesse(Mother) who have incurred the same....


or investment can be made on the assessee's relative(Son) name...


do rply....urgent...

If I get articleship transfer within 1 years and after that I want to start my industrial training (after 2 years) then can I do this.

1.Is service input credit in case of manufacture or trader given paid rent for godown and office room

If it is trading unit what is the ratio of servicetax credit in case of Rent paid , Insurance of car, Professional fees, freight forwarding , other service received ?

Suppose a Rent-a-Cab Service provider (other than a company) raises a bill of Rs. 10,000 and charges Service Tax thereon @ 4.944%. Hence, the total bill amount comes to be Rs. 10,494.
My questions are:
1. Whether he has taken the abatement?
2. What will be our Service tax Liability under Reverse Charge(as a Corporate entity) to:
a. The Government and
b. The Service Provider?
Now, what if he charges Service Tax @ 12.36%? what would be our liability.
Please help.
Thank you.

We are a pvt. ltd. co. and engaged one individual, sole proprietorship concern to a contract of piling work for foundation of building. The contract is purely on labour job. we pay him on the basis of no. of pile . the contractor was now registered under S.T. and clam @12.36% on the amount of billing additionally.My question is?
1. Is the purely labour job on construction of piling/civil structure is applicable as Taxable Service? if it is taxable then what is the nature of Taxable Service? Is it fail under Manpower Supply? Note that we make a contract with the above contractor for piling, and the labour make piling under the supervision & control of the said contractor.We only paid him on the basis of no. of pile executed by him.
2.In My contractor ST-2 shown that he registered under Construction of Commercial Complex. But piling is constructed for construction of residential complex. If we pay S.T. to the contractor,is Input credit available to me? as it is not mandatory to check labour contractor S.T. to available input credit. Is we request to the contractor to intimate S.T. department to include new taxable service in his ST-2.?
3. Is any S.T. paid during construction, but before collecting S.T. from customer after construction eligible Input Tax Credit. Say we paid S.T. on input services on the time of construction, but there is no output S.T. liability at the same time. liability arise when the construction completed/sale agreement made/advance collected from customer. Ifs we adjust in hand input tax credit from my future liability?
Kindly explain ..thanks in advance.