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I have issued an invoice to a client in which i have
charged service tax but I have not received any amount
against that invoice. In this case when is service tax
payable.
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Answer Posted / naresh kumar golchha
we are in business of lease rent and we are raising
invoice in which we charge service tax.
for eg rent 100000.00
service tax 12360.00
total 112360.00
out of which we received only rs.1 lacs and party is not
giving the service tax amount. What is the liability of our
should we deposit the service tax on the amount we received
or should we do not deposit the service tax. and the party
also refused to give the service tax as they are saying as
service tax is not applicable on renting of immovable
property.
| Is This Answer Correct ? | 1 Yes | 3 No |
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Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.
hi,when i am posting an entry on service tax it is not showing the business area.please guide me how to configure the business area so that the entry also shows the business area.please help as i need to configure it.
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