Answer / rajesh

The Person who render the services morethan 10,00,000
Rupess in the FY 2008-09.He is liable to collect the
Service Tax from the parties. he can adjust in his payable
service tax amount in credit taken amount.

Forms: TR-6 Challan used to be file the Service Tax Return
( For companies ServiceTax to be filled on or before 5th of
every month. For Firms Quarterly service tax return to be
filled. for Individual Halfyearly to be filled.)

Return Filling: ST-3 Form to be filled. on Quarterly on or
before 15th of every month

Answer / surjeet

The Person who render the services exceed Ten Lacs
Rupess in the FY 2008-09.He is liable to collect the
Service Tax from the parties. Rate @ 10.3% and 4.12 % on
Composit scheme.
Output - Input
Service tax payable = services rendered - services received
Challan used for submit ST is G.A.R.-7 5th of every
month/qutr.or half yearly.

Service Tax return Half Yearly to 15 oct and 15th April form
ST-3
for registration ST-1 and ST-2 is Registration certificate

Answer / ravindra

the service tax is generally leivied on the services
rendered

tr-6 is the form which is used for filling the returns
for companies service tax should be filled on 5th of every
month

st-3 form to be filled on quaterly on or before 15th of
every month

formulae for caluculating service tax

total receipts* rate of tax
-------------
100+ rate oftax

is WCT applicable one time? and what will be rate of WCT in UP State?

0 Answers   Afcons, Vikas,

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In the Balance sheet of a company you see the following details, Liabilities: Provision for tax - AY 2008-09 RS 200000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 Assets: Advance Tax- AY 2008-09 RS 150000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 On 15-03-2011, the assessment order for AY2008-09 was received and the final tax liability was stated to be RS 250000. Pass the journal entry for the closing of the relevant accounts in the books for the AY 2008-09.

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Clasify Capital and capital Gains

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While I prepare Form JJ for goods transfer I made a mistake that the value of goods is morethan the actual value(i.e. instead of Rs.92100/- I filed Rs.1354000/-)and the copy of JJ sheet is sealed in the checkpost one copy is taken in the checkpost. please anybody give me the exact solution. thanks

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what is mean by vat (value add tax) what is that value, is it gross amount of purchase/sales, or it net of amount of pur/sales - on which it will calculated, i need with example

3 Answers  

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what the procedure of filing mvat pls. explain in briefly ?

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Can we claim rebate of Securities transaction tax (paid on trading in F&O segment of stock market) while paying/calculating Income tax

1 Answers  

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what is income tax?

7 Answers  

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what is excise return form ?

3 Answers   Asha Chemicals,

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If service provider is a residence complex developer (having apartment) and he receives amount inclusive of tax than how service tax will be calculated on amount received give some example

1 Answers  

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My client is a Partnership Firm and was converted in to the Pvt. Company. Now, the Question is that the both the entity i.e. Partnership Firm and Company entitled to get the Depreciation of Proportionarate basis, they used the Assets? I reffered to the Income TAx Act, there is no any specification regarding the convertion only the amalagamation and merger.

0 Answers   SK Accountant,

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what is the time limit of tax credit in sales return condition

2 Answers   Global Energy,

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