Service tax is applicable on advance payment to companies

Punit Bhardwaj, Kamal Aggarwal
Posted: 2008-05-16 22:29:14+05:30 IST
Updated: May 16, 2008 at 2229 hrs IST

Font Size

Feedback

Discuss

on renting of the premises, with an appropriate disclosure to the jurisdictional service tax authorities.

—Respondents are senior professionals at Ernst & Young. The replies do not constitute professional advice, but are based on interpretation of facts available in readers’ queries to the professionals. Neither Ernst & Young nor this publication is liable for any action taken on the basis of this information...

Post Comments

Comments: (Limit 3,000 characters)

Name		Message
Email ID
Subject

TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).

I agree to the terms of use.

Comments

» Service Tax liablity for import of service

Posted by narender on 2008-09-05 12:11:40.679585+05:30
We are a company engaged in manufacturing of auto parts in gurgaon. one of our engineer recd a training from outside india. what is the liability of service tax in this case, if there is any liablity to pay then what are the rates of service tax.

Reply Forward

» Service Tax

Posted by Jayakumar on 2008-08-29 17:50:09.690605+05:30
We are engaged in the business of software development for overseas customers. As our software development services are not taxable, we were given to understand that any refund of input service tax is not available for software development services. We understand that this position has changed after the recent Budget announcements? Please advise.

Reply Forward

Latest News

Print Edition

Events

Service tax is applicable on advance payment to companies

Post Comments