will the Company liable to pay Service tax if the turnover
exceeds 10 lakh and in the business of purchase and sale of
products?
Answer Posted / gurjinder s. batra
As there is no service rendered, hence no service tax payable
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
What is difference between Contract and legel and legel and profession service???? I had face this question in interview
Sir please confirm job work sale for clothes shat d1 yes & no
What we mean by MAT Credit Entitlement ???
HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.
What do u mean by sales tax and who are sales tax practitioner ?
How can I Proceed to my client regarding Advertisement Bill as we are dealing in advertising agency and also clear us can we deduct TDS on their bill? For Example we receive a bill from The Sandesh Ltd. of Rs. 50000/- and they do not mention service tax in the bill. So, Kindly provide the Guidelines regarding This Problem.
Hi,when we pass a clearing entry of paid and unpaid tax how do we show the business area the way the business area can be seen.is there any change that i have to do in the configuration of this GL.my client wants that the business area also reflects when we post the gl.please help.
Define assessment year.
How will you calculate house rent allowance (hra)?
I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.
what is cost taxation
If any new form open than we are able to deduct TDS on first year
Suppose that a sub-contractor total work done for Rs.100 & he charged 10.3% service tax.Then total gross value will RS.110.30.On what amt you will (that means on total work done or total gross value)charged Retention@10%,WCT@3% & TDS@2%.
What are the treatment & implications in case interstate sales transaction if party is not registered (Individual or other then individual)
what is the objective of business taxation in private company?