service tax setup

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  1. SUNIL PATANE

    SUNIL PATANE New Member

    Hi
    I am sunil patane. I have a one query about service tax setup
    service tax on sales April 14.5% = 100000/-
    15% = 100000/-
    and on purchase 14.5%= 50000/-
    15% = 50000/-
    that time how much amount paid to service tax =?
     
  2. SUNIL PATANE

    SUNIL PATANE New Member

    Hi
    I am sunil patane. I have a one query about service tax setup
    service tax on sales April 14.5% = 100000/-
    15% = 100000/-
    and on purchase 14.5%= 50000/-
    15% = 50000/-
    that time how much amount paid to service tax =?
     
  3. ZED

    ZED Well-Known Member

    Sir your query is not clear. Please give more details.
     
  4. SUNIL PATANE

    SUNIL PATANE New Member

    My query for service tax input
     
  5. SUNIL PATANE

    SUNIL PATANE New Member

    Out put Service tax April to May = 14.5% =100000/- and June = 15% = 100000/-
    and
    Input Service tax April to May = 14.5%=50000/- and June = 15% =50000/-
    that time
    Service tax payable Amount = ?.....
     
  6. Shoban Singh

    Shoban Singh New Member

    Hi,
    Can you explain more details regarding this matter ??
     
  7. ZED

    ZED Well-Known Member

    For April to May
    Output ST= 14,500
    CENVAT credit= 50,000 X 14%
    [Credit of Swach Bharat Cess is not allowed]

    Balancing amount is to be paid via bank.



    From June onwards
    The CENVAT credit would be 14.5% because credit of Krishi Kalyan Cess is available.
     
  8. SUNIL PATANE

    SUNIL PATANE New Member

    Credit of Swach Bharat Cess is not allowed and Credit of Krishi Kalyan Cess is allowed?
     
  9. Shoban Singh

    Shoban Singh New Member

    Hi,
    you cant not take input on SB cess
     
  10. SUNIL PATANE

    SUNIL PATANE New Member

    but can i take input on Krishi Kalyan Cess
     
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