Service Tax Articles

CBEC clarification on chargeability of Service tax on GTA and other IDT - Digests

Bimal Jain 07 October 2015 at 10:50

Dear Professional Colleagues,CBEC clarification on chargeability of Service tax on GTA and other IDT - DigestsBackground:Goods Transport Agency ("GTA") has been defined to mean any person who provides service to a person in relation to transport of g

Avoiding common errors in filing of service tax return

Ashish Chaudhary 03 October 2015 at 13:20

Self assessment under service tax has been started in the year 2001. In any self assessement taxation system, the onus is on the assessee to make true disclosure of all statutory information required to be disclosed. Non/wrong disc

ST on Director's remuneration - Instigating litigation!

Pradeep Jain 25 September 2015 at 10:57

Introduction:- The issue regarding leviability of service tax on remuneration paid to the directors has been matter of concern since 07.08.2012 when reverse charge mechanism was introduced vide notification no. 45/2012-ST dated 07.08.2012 for the s

Valuation of Non-monetary consideration under Service Tax

Ravi Kumar Somani 23 September 2015 at 11:07

The term �service� is defined under service tax law to mean any activity for �consideration� by one person for another. In this regard

Service tax in relation to aggregators

Atul Rathod 21 September 2015 at 10:53

Background:-The aggregators who were not specifically covered under the service Tax till now because of the interpretation in the law. To cover the services of App based Cab (aggregators) this concept has been

Is it justified to collect service tax on penalty charged?

Akarsh Tekriwal 11 September 2015 at 12:01

Telecom companies and Banks are charging service tax on late payment charges, Penalties, Penal interests, etc. If you credit card bill has a late payment charge of Rs.1000 on which Rs.140 will be charged as service tax. Service tax is to be charged

1% Additional Levy: Where is it heading us?

Pradeep Jain 04 September 2015 at 10:50

An article by:-CA. Pradeep JainCA. Preeti PariharSharad Bang Introduction:- Goods and Service Tax (GST) has been a topic of debate in the recent past. With the NDA government looking firm to bring in the GST, the members of Rajya Sabha still have a n

Online service tax registration

Sameer Shah 29 August 2015 at 12:33

Every service provider who provides taxable services over Rs 9 lakhs has to register with Service Tax. If you are in a business that provides various services such as the hospitality industry, restaurants, or beauty salons with an annual turnover in

No service tax on delivery of food

Bimal Jain 26 August 2015 at 10:39

Dear Professional Colleagues,No Service tax on free Pick-up/Home delivery of food, being �Sale� in nature � Chandigarh CommissionerateBackground:The Government vide Entry No. 19 of the Mega Exemption Notification No. 25/2012-ST date

Relevance of IDT to Marketing function Analysis

Madhukar N Hiregange 26 August 2015 at 10:39

Relevance of IDT to Purchase function (Updated)CA The successful material/ purchase officers know the production needs well in terms of quality, timeliness and quantity. He also understands the cost of products / services sought