Interested to Buy Any Domain ? << Click Here >> for more details...
how to credit available on service tax explaine procedure?
- 4 Answers
- 11011 Views
- Visa Steel, I also Faced
- E-Mail Answers
Answer Posted / ramesh.r
SERVICE TAX CREDIT MEANS THE INPUT SERVICE TAX I.E THE TAX
WHICH WE HAVE PAID ON HOUSE KEEPING BILLS, TELEPHONE
BILLS,CREDIT CARD BILLS,SECURITY BILLS,laundry ETC.,
PAYMENT FOR THE ABOVE BILLS WE WILL GET IN PUT SERVICE TAX
RAISING SERVICE BILLS TO CUSTOMER WE WILL GET OUTPUT
SERVICE TAX
OUT PUT SERVICE TAX - INPUT SERVICE TAX = SERVICE TAX
PAYABLE
INPUT TAX ON EXCISE CAN ALSO BE TREATED AS INPUT SERVICE
TAX CREDIT AS PER SERVICE TAX ACT.
| Is This Answer Correct ? | 4 Yes | 2 No |
Post New Answer View All Answers
how to calculated all taxes their information in details
What is meant by Cost of Improvement?
I am an employee in a IT Company. While filling out the form it prompts to fill - Details of Tax deducted at source from Salary (as per form16) and then it again prompts to fill - Details of Advance tax and Self Assessment Tax. if i fill both the columns, i get end result as 2 times of Tax i paid and a refund.
What is commercial tax? and what comes under commercial tax? What are the Provisions relating to it?
How to reconcile a Vendor who is a supplier as well as a Contractor?
The CST assessement for the FY 2006-07 is completed on 31-3- 2010 and the same is received by dealer on 22-4-10. The question is that the dealer colud not produced the original H Forms at the time time asst. except the photostat copies filed. But the CTO not allowed and calculate tax at net 4% on H Forms turnover. CTO is saying that it is time barred by 31-3-10. Therefore even after produced we can not revise. We filed with case laws that it can be revised But when it is time barred it canot be. Therefore I request You to help the dealer ANYCASE LAW is there in the above case Pl. guide us.
Please guide us about Forms and where is it will use i.e.Form C, Form h, Form F. if other form has please guide us about of that Forms?
What are the deductions under salary head?
over all details about tax what is mean by headge fund and detail explanation?
At present what is the rate of excise duty on sale of Weigh Bridge Machinery to out of state from Karnataka.
what is the objective of business taxation in private company?
What is process CST & Custom Duty Handle in tally Erp 9, with example.
Deferred taxation is a part of which equity?
The Depreciation Rate for Heavy Equipments like cranes (used in the construction of bridges, flyovers etc ... ) is 30% as per the companies act. If i buy a crane for Rs. 10 Lakh and claim depreciation the cost of the crane in the 2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and in the 4th year it is 3.4 Lakh ...... Can i re-value the crane in the 5th year to the 2nd hand market price of Rs. 20 Lakh and claim depreciation on it @ 30% ? (Cost of crane in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )
IS THERE IS ANY EXUMTION FOR THE NEW CONCER TO NOT THE DEDUCT TDS IN THE 1st YEAR OF ITS INCORPORATION IF THE TURNVOER EXEED THE SPECIFIED LIMIT IN THE 1st YEAR.
