Service Tax Articles

Service Tax- Place of Provision of Services Rules, 2012

CA JaiKishan 21 August 2015 at 10:07

Introduction: Service Tax is very important source of revenue for the Central Government. Therefore it has been tried to increase the tax base by introducing negative tax regime

Disputed inputs service credits

Ashish Chaudhary 19 August 2015 at 10:34

The concept of set off where an assessee adding value is able to set off the taxes on his purchases, is an important one which enables one to avoid the cascading effect of ta

Neutralise artificial restrictions under Cenvat Credit Rules

Ashish Chaudhary 18 August 2015 at 16:45

Cenvat Credit scheme is designed to avoid cascading effects but it has been seen over a period that the government has been diluting the basic philosophy of the rule by introducing many arbitrary restrictions. This has been done to augment reve

Service Tax - Point of Taxation Rules, 2011

CA JaiKishan 18 August 2015 at 10:05

By CA. Jai KishanIntroduction:The Point of Taxation Rules, 2011 (hereinafter referred to as �the POT Rules�) were notified on March 1, 2011 and have been amended from time to time. As mention

Service Tax in India: Brief History and Meaning of 'Service'

CA JaiKishan 17 August 2015 at 10:28

Brief History:The Service Tax was introduced in India around 21 years back on July 1, 1994 at the recommendations of Dr. Raja Chelliah Committee on tax reforms. The introduction of this levy in India can be termed as milestone in Indian Tax history.T

Tax Planning in Service Tax

Madhukar N Hiregange 17 August 2015 at 10:26

IntroductionService tax concepts have undergone drastic changes from the day of its introduction. It all started with 3 services. Now it is very hard to find a service which is not liable for service

SC stays service tax on advocates

Anandaday Misshra, Advocate 11 August 2015 at 10:23

Supreme Court Supreme Court bench comprising Chief Justice H.L. Dattu, Justice A.K. Mishra and Justice Amitava Roy has stayed the Bombay High Court�s order ,dated 15.12.2014 , of dismissing the petition challenging levy of service tax on lawyer

Update on indirect taxes for the month of Aug

TARUN KUMAR GUPTA 07 August 2015 at 11:11

A. Service Tax1. Rate of Service Tax � The rate of service tax has been changed to 14% w.e.f. June 1, 2015. No cess shall now be applicable. Levy of Swacchh Bharat Cess has not been notified till yet.2. Service Tax payment for the month of Jul

New procedure for verification and scrutiny of ST returns

Yash Goyal 30 July 2015 at 10:32

Dear All,The CBEC vide its circular no 185/4/2015 dated 30th June 2015 has revised the procedure for scrutiny of the service tax returns. This is a step towards ensuring whether the self-assessment carried out by the assessees is in line with the pr

Use of digital signature and electronic maintenance of records under central excise and ST

Ravi Kumar Somani 25 July 2015 at 17:29

Use of Digital Signature and Electronic maintenance of records under Central Excise and Service Tax Government of India has in the recent past launched its dream initiative of �Digital India� which promises to integrate the government dep