tag:blogger.com,1999:blog-2004257931445490362.post4087906363871343900..comments2024-03-26T15:10:46.095+05:30Comments on SIMPLE TAX INDIA: Reverse Charge : Goods Transport Agency Service changes wef 01.07.2012RAJ KUMARIhttp://www.blogger.com/profile/12854260124513086419noreply@blogger.comBlogger26125tag:blogger.com,1999:blog-2004257931445490362.post-31838901152500110242013-04-11T17:52:00.916+05:302013-04-11T17:52:00.916+05:30you should add transport of goods by road .No matt...you should add transport of goods by road .No matter in which code you have paid the service tax .<br /><br />further ,if you have not registered your self for GTA then you should apply online for amendment in st-2 as well.RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-51681741023739859602013-04-11T17:18:49.669+05:302013-04-11T17:18:49.669+05:30Thanks.....
After adding sheet in a9, which head ...Thanks.....<br /><br />After adding sheet in a9, which head i have to select as i have paid transport charges as service receiver. In service tax paid challan i select code 00441089-1089<br /><br />(a) as i select Transport of goods by road/goods transport agency service OR<br />(b) Other taxable services - Other than the 119 listed<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-19269456924104582692013-04-11T13:44:41.924+05:302013-04-11T13:44:41.924+05:30First you have to create separate sheets for each ...First you have to create separate sheets for each service by adding it on a9 return sheet ,and enter specific services related data at respective service page.<br /><br />Further in case of GTA service <br /><br />select YES in A 10.2 (Service Receiver under section 68(2).<br /><br />10.4 no<br /><br />12.1 yes<br />12.2 notification 26/2012<br />RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-50324964366001075782013-04-10T14:24:21.713+05:302013-04-10T14:24:21.713+05:30i am working with partnership firm. The Firm carri...i am working with partnership firm. The Firm carring a business of trading of yarn and also commission agent. I paid service tax after deducting abatement amount from transporter bill (e.g. 10000 - 7500 = 2500 * 12.36% = 309/-). Now, i have to return file the service tax return before 15/04/2013. I download excel file from service tax website. As said above, the above firm is Service Provider as Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-24952732423569201332013-03-29T15:56:37.139+05:302013-03-29T15:56:37.139+05:30it should be 25/05/2012 to 29/03/2012 means 11 mon...it should be 25/05/2012 to 29/03/2012 means 11 months @ 1 % as you have not deducted the tax earlier and deducted only on 29/03/2013 and deposited on same day.RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-33622989760280602092013-03-29T10:10:26.255+05:302013-03-29T10:10:26.255+05:30Thanks a lot..........
Please tell me, my first p...Thanks a lot..........<br /><br />Please tell me, my first payment was Rs. 15,000/- on 25/05/2012. So, Due date of TDS deposit was 07/06/2012<br /><br />(a) should I pay TDS for the period from 08/06/2012 to 29/03/2012 OR<br />(b) for Jun,2012 to Mar,2013 (for 10 Months)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-90622070086477604642013-03-29T10:03:26.467+05:302013-03-29T10:03:26.467+05:30TDS is deductible on payment on credit ,which ever...TDS is deductible on payment on credit ,which ever is earlier basis.<br /><br />so tds should be deducted on payment of 50000/-.Further on balance payment of 65000(115000-50000) ,tds is deductible if you have given credit to the form in your books .<br /><br />Interest is payable on delay as under<br />1. 1% per month or part thereof form date on which tax deductible to actual tax deduction dateRAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-48428841320899888842013-03-29T09:38:39.986+05:302013-03-29T09:38:39.986+05:30We have made payment to contractor for a total sum...We have made payment to contractor for a total sum of Rs. 50,000/- during the period from May,2012 to Sep, 2012 towards electric fittings in our office (No payment more than Rs. 15,000/-). The Contractor raised the bill on 25/10/2012 for Rs. 1,15,000/-. Now, we have not deduct TDS on these transactions. My Question is.........<br /><br />(a) should we have to deduct TDS on Rs. 50,000/- @ 1% OR<brAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-19665423167359757262012-12-17T19:24:37.179+05:302012-12-17T19:24:37.179+05:30Service Tax rate is 12.36% and it is service provi...Service Tax rate is 12.36% and it is service provider responsibility to charge service tax on rent .<br /><br />If company pays the service tax to landlord ,company can claim cenvat credit on it.RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-78641423244561602622012-12-17T17:03:57.366+05:302012-12-17T17:03:57.366+05:30is company is liable to paid service tax on office...is company is liable to paid service tax on office rent given to an individual? <br />e.g. Company A is paid Rs. 25000/- per month Office Rent to Mr. X.<br /> My Question is given below<br />(1) If service tax liability is to be paid by a company, how much the amount? and<br />(2)The company can claim set off on these service tax payment?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-70602425300712354182012-10-05T15:51:43.124+05:302012-10-05T15:51:43.124+05:30yes , if it is covered under input services then ,...yes , if it is covered under input services then ,you can claim it in cenvat credit RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-92012931547211947842012-10-05T10:32:33.607+05:302012-10-05T10:32:33.607+05:30thanks...
but, should i claim the set off on thes...thanks...<br /><br />but, should i claim the set off on these payment and when i shall claim?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-48323026401818652652012-10-05T09:31:53.245+05:302012-10-05T09:31:53.245+05:30Now ,all the services are covered under single hea...Now ,all the services are covered under single head 4401089 so check the notification here<br /><br />http://www.simpletaxindia.net/2012/07/same-accounting-code-for-all-services.htmlRAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-41151258928448137872012-10-05T09:30:07.522+05:302012-10-05T09:30:07.522+05:30Thanks for your early reply...
can u tell me in w...Thanks for your early reply...<br /><br />can u tell me in which service tax head i have to paid service tax on transport bills, is it Business Auxiliary Services?<br /><br />and also tell me, should i claim the set off for the service tax paid on transport bill.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-22404171059325464462012-10-03T23:02:49.409+05:302012-10-03T23:02:49.409+05:30no change in limit no change in limit RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-52864512569807100972012-10-03T13:59:26.795+05:302012-10-03T13:59:26.795+05:30SIR
WE CHARGE GTA ABOVE 1500/- BEFORE JUNE-2012...SIR <br /> WE CHARGE GTA ABOVE 1500/- BEFORE JUNE-2012<br />FROM JULY-2012 WHAT IS LIMIT NOTIFICATION NO.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-71024867358173606062012-09-27T16:07:47.918+05:302012-09-27T16:07:47.918+05:30Service tax on 10000 will be 10000*25%*12.36%=309Service tax on 10000 will be 10000*25%*12.36%=309RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-26502052212115920052012-09-27T15:56:32.303+05:302012-09-27T15:56:32.303+05:30if a partnership firm paid freight/transport chg. ...if a partnership firm paid freight/transport chg. for Rs. 10,000/-. (1) How much service tax payable on freight/transport bill?<br />(2) rate of service tax payable<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-67218641851481690602012-09-27T12:28:06.803+05:302012-09-27T12:28:06.803+05:30YES 75 % abatement is there even from 01.07.2012 a...YES 75 % abatement is there even from 01.07.2012 also same as old up to 30.06.2012.new abatement rates is available here<br /><br /><br />Read more: http://www.simpletaxindia.net/2012/07/reverse-charge-goods-transport-agency.html#ixzz27eQ6SZ9j<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-54287264349529343912012-08-09T12:02:56.431+05:302012-08-09T12:02:56.431+05:30In this Case Manufacturer "B" is liable ...In this Case Manufacturer "B" is liable to pay service tax ."B" is also eligible to claim 75% abatement from gross bill.<br /><br />http://www.simpletaxindia.net/2012/06/abatement-rate-in-services-tax-amended.htmlRAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-21156152960471488252012-08-09T11:51:17.290+05:302012-08-09T11:51:17.290+05:30Sir
"A" is a transporter, who is transp...Sir<br /><br />"A" is a transporter, who is transporting Cement from the Works of Manufacturer "B" to their own godowns located in various districts. The freight is paid on monthly intervals by "B" to "A". The rates are fixed mutually destinationwise.<br /><br />Please inform, 1. What is the service tax payable<br />2. Who is liable to collect and remit theAnonymoushttps://www.blogger.com/profile/17029732519646686658noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-21828496108138436682012-08-03T17:55:43.340+05:302012-08-03T17:55:43.340+05:30Same accounting code for all services is applicabl...Same accounting code for all services is applicable from 01.07.2012 read details here<br /><br />http://www.simpletaxindia.net/2012/07/same-accounting-code-for-all-services.htmlRAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-26353202353468032462012-08-03T17:44:59.682+05:302012-08-03T17:44:59.682+05:30Sir,
Please tell me from 01.07.2012 account code ...Sir,<br /><br />Please tell me from 01.07.2012 account code for payment of GTA.<br /><br />Prashant.Anonymoushttps://www.blogger.com/profile/08989357473951008778noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-36597027634777079252012-08-02T11:21:59.655+05:302012-08-02T11:21:59.655+05:30Thank you sir.Thank you sir.Anonymoushttps://www.blogger.com/profile/08989357473951008778noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-21097354549830442582012-08-02T06:44:04.697+05:302012-08-02T06:44:04.697+05:30YES 75 % abatement is there even from 01.07.2012 a...YES 75 % abatement is there even from 01.07.2012 also same as old up to 30.06.2012.new abatement rates is available here<br /><br />http://www.simpletaxindia.net/2012/06/abatement-rate-in-services-tax-amended.htmlRAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.com