Hiring charges received on Tempo is liable to service tax in India? i fyes then under which category?
813226
Your query is very vogue. If you are receiving hiring charges for the transport of goods on road .ie to say freight charges. then you have to pay Service tax under the category "Goods Transport Agency" depending upon conditions specified notifications say notification no 32/2004,33/2004,34/2004 & 35/2004. You can also avail exemption as per notification 6/2005. However if you are proving your tempo to some other person and collecting certain amount as charges on monthly/ annual basis. No service tax is payable by you. If you need clear answer please elobare your question.
841626
According to my SBT Bank Acct#  my monthly premiums are paid up to date as of October (this year).  Recently, I received a notice claiming arrearages of 'rupees 2739/-'.  Please contact me as soon as possible regarding this matter at (ph).  ....\n\nBy the way..you really should speak with someone directly and then follow up with a letter.  Just a suggestion. ;)  Peace.
701814
Click on the link below for taxable services\nhttp://www.allindiantaxes.com/service-tax-taxable-services.php\nAll details relating to service tax provisions are on the link below\nhttp://www.allindiantaxes.com/service-tax.php
772225
Service charge is levied on service rendered - if the service rendered by a pvt ltd., company to a person, the pvt. ltd. company has to charge the service tax on the person (customer) and it is applicable to every service industry, irrespective of private, public, proprietory or partner or none of this, for onward submission to the authority.
522418
See there is no tax for putting liaison office. However, when you earn income from your business activity carried out through this liaison office , your receipt shall be taxed . There are different types of rates for different types of income.There are ways also to save the taxes through proper planning.\n        General rate of tax in case of non resident are between  20% to almost  40%. I would suggest visit my blog http://q4tax.blogspot.com which has been just started in form of FAQ nd first topic I have choosen n taxation of foreigners in India
1023466
I guess it would depend on what company have hired you ... but i would make sure that you state very cleary what your role(s) are going to be  , how long the contract is for , your hourly rate for the service and things like that. I would see legal advice to make sure that any contact you have drawn up would be water tight in a civl court should anything go wrong.
787018
In India, tariff rate of excise duty is 16 % for most of items. However, the same may reduce if any exemption notification is there for a certain item. \n\nAs regards calculation, majority of items fall under Section 4 of the Central Excise Act and duty at prescribed rate has to be paid on the value of the goods sold.\n\nCertain consumer items have been notified under Section 4 A of the Central Excise Act. Under this valuation procedure, government notifies items and rate of abatments. The Maximum Retail Price minus abetment will be the value for calculation of duty and duty at appropriate rate of duty will be charged thereon. \n\nThe form 23A is Actually RG23A- Part-I and Part-II. All raw material received is credited RG23a Part-I and issue for production is debited, this is stock register of excisable raw material. RG23A Part-II is the register for Cenvat Credit. Cenvat credit on all raw material is taken in part - II and duty from cenvat credit account is debited.  RG23C Part-I is register of capital goods and RG23C Part-II is register of cenvat credit on capital goods. All these registers / forms are not mandatory now. The excise assessee can maintain all these records in their own format.\n\nIf you are manufacturing excisable goods, you will have to maintain records and calculate duty as there is system of self-assesment.
404339
FREE*\n\n*May be subject to the following: fax tax, phone toll, license, paper consumption tax, electronic transmission tax, ink usage tax, electrical conservation tax.
658299
To seriously know that you have to get 'Students guide to income tax'... for income taxes and 'service tax' by any author for service tax. VAT stands for value added tax and it is charged on the value created at each stage in the trade process. this means that if a mfg sellers to another trader rs 100 article, rs 10 is tax ( i think prevailing tax rate is 10% with 2% cess) then the seller will sell to another dealer at 150 his tax will be 15rs minus what he has already paid ie output tax minus input tax so his liability will be rs 5. there are few different tax rates for VAT you need to confirm with an accountant or CA, or just browse on google, there are so many sites devoted to VAT
1868
how about how tax affects the price level of products and services :P
230826
Ask your current employer or the HR department to look at your hire date. You should have paid taxes in from the moment you started getting paid as a regular employee. If you were hired as contract labor and received a 1099 then you never paid any taxes at that time.
189549
Did you spend those two points to really ask a funky question like this?\n\nWhat do you hope to find here psychics or good spellers?\n\nIf you mean is heat treatment business income subject to self-employment tax, generally reported on Schedule C?  The answer would be, duh, ya!\n\nGood Luck in your heat treatment business.
925711
This site www.allindiantaxes.com will be useful to you for salary analysis of consulting industry\nhttp://www.allindiantaxes.com/ait-news-39.php\nTax Experts highest paid in Consulting Industry\nAIT News Network\nMUMBAI. Poaching is the latest buzzword in Consulting with companies finding it hard to get real domain experts in the field who can handle the clients independently .The Pay Packages of Tax Experts have touched the roof in Consulting Industry due to vacuum of experts and the cost is no more a problem for employers with more and more MNCs setting up shops in India considering it to be the safest place in globe. The seasoned experts can be counted on tips and even Placement Agents run from pillar to post for searching a suitable candidate.\n\n\nA Placement Agent specializing in Tax Placements told Allindiantaxes that though over 3 dozen IRS Officers have also floated their CVs; the Companies are not so open to hiring them as only an exception from the Government is suitable for Consulting Industry. The Government Officers mostly try to interpret the rules and regulations in favour of the Revenue and find it difficult to change their mindset even after moving  out of the Government. Besides they are not used to working 9AM to 9PM which is the primary requirement of a Consulting Company as the delivery is required within stipulated time frame. \n\n\n The experienced Consultants command their own price.  The poaching of experts has become common in Big 4 Consulting Companies (Ernst & Young, Price Waterhouse Coopers, KPMG & Deloitte) and a hike of 50 percent is considered normal when an expert moves from one company to the other. Those who have the potential to move alongwith the clients command even 100 percent hike. When a Partner (Indirect Tax) of Ernst & Young who was getting Rs.75 lakh Per Annum moved to its rival; he was offered annual compensation of Rs.1.50 Crore. Though the Partners are not the stake holders in companies but they share a small percentage of profit. Indirect Tax Experts are more sought after than even Direct Tax Experts as Income Tax can be handled by any CA but only few have real expertise in Customs & Excise . A Manager (Indirect Tax) of Ernst & Young was recently hired by its competitor for Rs.30 lakh Per Annum. The fastest growing fields of SEZ and Service Tax have jacked up the compensation in the field.   \n\n\nThe going Annual Packages are as under:\n\n\nPartner: Rs.50 Lakh to Rs.1.5 Crore  \n\n\n\nDirector: Rs. 30 Lakh to Rs.50 Lakh\n\nSenior Manager: Rs.18 Lakh to Rs. 30 Lakh\n\nManager: Rs.10 Lakh to Rs. 25 Lakh\n\n\nBut even after paying such high packages to their Consultants; the Companies are not at loss as they are billing their MNC clients at the following rates for their Advisory Services:\n\n\nPartner: Rs.15000 to Rs 20000 Per Hour\n\nDirector: Rs. 12000 to Rs.15000 Per Hour\n\nSenior Manager: Rs. 10000 to Rs. 12000 Per Hour\n\nManager: Rs. 5000 to Rs.10000 Per Hour\n\n\nAlmost all the MNCs have given global mandate to one or the other Big 4 Consulting Companies and the Indian Tax Heads have limited option to appoint Indian Consultant. RSM, BMR and Khaitan & Co have grabbed a share of MNC Cake as their Partners were ex-Partners in Big 4 and when they moved out of Big 4; they moved with their team and their clients.  \n\n\nErnst & Young, RSM and Khaitan & Co are considered as best pay masters in tax field and almost all the companies are mute spectator to poaching as money is the biggest motivational factor for moving. \n\n\nRetaining the seasoned experts is the biggest challenge being faced by the Companies as when the experts move; the clients also move if the expert is moving to a Big Company. A Big Company is yet to recover from the jolt given by its Head who moved with his team, clients and annual business of Rs.3 Crore. In long run the company's loss is estimated to be in the range of Rs. 40 to 50 Crore and its Country Head was on the verge of being fired by the Company o
347560
If you did not sell a product, something that you touch, see, smell, etc, then no tax.  Service, such as sharpening a blade, labor on car repairs, are all non-taxable.
39609
From tax and from the profits of other services
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Your attention is invited to Section 73(3) of the Finance Act,1994 as amended which is at the link below\nhttp://www.allindiantaxes.com/service-tax-finance-act.php\n"(3) Where any service tax has not been levied or paid or has been short-levied or short-paid or erroneously refunded, the person chargeable with the service tax, or the person to whom such tax refund has erroneously been made, may pay the amount of such service tax, chargeable or erroneously refunded, on the basis of his own ascertainment thereof, or on the basis of tax ascertained by a Central Excise Officer before service of notice on him under sub-section (1) in respect of such service tax, and inform the Central Excise Officer of such payment in writing, who, on receipt of such information shall not serve any notice under sub-section (1) in respect of the amount so paid"\nYou are , therefore,advised to give an intimation under Section 73(3) to the service tax department and due acknowledgement may be kept.\nIn view of the provisions no penalty can be levied on you.
797363
Yes Offcourse contract labour is eligible for the payment of bonus , but he needs his minimum 30 days attendence in his company on the attendence ragi.