Service Tax Articles

Service Tax implications on Land Development Agreements between landlord and developers

Ravi Kumar Somani 16 February 2016 at 12:37

In case of a Real estate and construction industry, where due to various political and economical reasons we have seen that there is a sharp downturn being noted in the sale of residential and commercial construction projects irrespective of fact tha

Service Tax - Reverse Charge Mechanism (Simplified)

Chetan Bhatt 09 February 2016 at 10:54

Background of Reverse charge in India Under Service Tax, the concept of �Reverse charge� was introduced for the first time by Finance Act, 1997 wherein the customer / client of �clearing and forwarding agents and the goods transport

Service Tax versus VAT in case of Renting of Motor Vehicles/ Cabs

Ravi Kumar Somani 09 February 2016 at 09:48

SomaniCurrently, there is lot of confusion among the industry, trade and the taxmen on whether the activity of Renting of movable goods or supply of tangible goods attracts Servi

Rebate or refund of SB Cess on exports & services used in SEZ

Bimal Jain 05 February 2016 at 11:42

Dear Professional Colleague,Rebate/refund of SB Cess on exports & services used in SEZ; Cenvat credit cannot be used for SB Cess & othersThe Central Government (�CG�) has issued various Notifications under the Service tax and the

Requirements for ST registration in India

CA RITUL PATWA 29 January 2016 at 11:02

Service Tax is an Indirect Tax in India enacted under the Finance Act, 1994. The government of India has streamlined the process of Service Tax Registration across India and a common set of documents are prescribed for the same. The entire process is

Service Tax - Reverse Charge Mechanism

Jatin Grover 27 January 2016 at 11:19

INTRODUCTIONTo explain the said topic, first I am going to give brief explanation of Normal Charge Mechanism. Generally service tax is payable by the provider of Service. For eg:- When service is provided by a Chartered Accountant to its client then

Value Addition through Cenvat Credit

Madhukar N Hiregange 21 January 2016 at 10:50

The manufacturers and service providers today are facing increasing tax rates some of which may need to be absorbed while dealing with customers who cannot avail the credit. Even otherwise the non availment of eligible credit

Service Tax paid under wrong code - Remedies available?

Ashish Chaudhary 20 January 2016 at 13:53

Every assessee liable to pay service tax is to take registration with service tax department. Where assessee has been providing services from multiple premises, it may obtain separate registration for each of the premises or may

Place of provision of Services Rules, 2012

Arpit verma 12 January 2016 at 11:00

(Notified by Notification No. 28/2012-ST dated 20-06-2012) Relevance of POPS Rules, 2012 As per provision of section 66B, a service is taxable only when it is provided or agreed to be provided in the taxa

Service Tax on Hotel Industry

Pooja Gupta 26 December 2015 at 15:58

Charges and taxes levied on the foods served in the Restaurant: Service Charges: This is the charges levied by the restaurant as the payment for the services rendered like serving the foods etc. This charge is not levied by the government and is coll