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Service tax query

Nirmit Choraria (CA Final) (1333 Points)

30 November 2012

I received an advance of rs 45000/- as advance on 21-3-2012 and i paid service tax on back calculation on it on 31-3-2012 then i provided service in may i.e my invoive was raised on 2-5-2012 on receipt on other remaing sum received i.s 1,55,000 @ 12.36 person now how much should be the Gross sales without service tax and how i must account for it

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3 Replies

CA Pintu Mishra (Chartered Accountant- Industry) (514 Points)
Replied 30 November 2012

In totallity you have got Rs 155000/- ie incl. service tax of 12.36%.

your value would be- 155000/112.36*100= 137950

Value-137950

Ser tax-17050 ( @ 12.36%)

ser tax which you had paid when you had recd advance amount and service tax currently which you are paying should be total 17050.

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Laleet Patil (-) (34 Points)
Replied 02 December 2012

person is engage in providing arcitectural services outside india. place of business is only in India. Service receipts within India is less than Rs. 10 lacs. Not willing to take input services credit.

Whether registration of Service TAx is necesarry????

Foreign receipts from outside India directly deposited to bank account. There is no import export of goods / articles.

whether registration of IEC code is necessarry ????

Guide also on specific requirement on export of Arcitectural services.

Regards.