Service Tax Articles

Analysis of Service tax on restaurant

Prateek Jain 23 July 2015 at 10:25

SERVICE TAX ON RESTURANTRestaurant : Meeting of Confused Mind Now when are you sitting at restaurants and looking at the expensive menu card you need to worry more because you have to pay more. Yes, the taxes they will make your pockets weigh less. W

Understanding the mechanics of Goods and Service tax

CA Chitresh Gupta 23 July 2015 at 10:17

GST Knowledge Series#1Understanding the Mechanics of Goods & Service TaxThe Goods and Services Tax (GST) is a comprehensive value added tax (VAT) on the supply of goods or services. It is levied and collected on value addition at each stage on sa

Use of digital signature and maintenance of records in electronic form

Deepak 22 July 2015 at 10:51

The Article given below may help you to know what are the Conditions and Procedures to be followed to use Digital signature to sign the invoices and maintain records in Electronic form.By way of Notification No. 5/2015-Service Tax dated 01.03.2015, C

Tax recovered but not paid to the Govt. has to be treated as evasion of ST

RENGARAJ R.K 22 July 2015 at 10:51

Introduction: In a recent judgment the Hon�ble Tribunal in the case of M/s IWI CROGENIC VAPORIZATION SYSTEMS INDIA Vs Commissioner of Central Excise Vadodar (2015-TIOL-1458-CESTAT-AHM) has held that recovering tax from the service recipients an

Back to Back Works Contract under Service Tax - Brief Analysis

CA Monalisa khuntia 17 July 2015 at 11:02

Back to Back Works Contract under Service Tax � Brief Analysis CA. Monalisa KhuntiaIntroductionWorks contract, as understood in trade, means a composite contract involving both supply of goods and provision of service. As per Article 366(29A) o

ST return scrutiny: How to combat

Ashish Chaudhary 14 July 2015 at 10:58

Service Tax has been most targeted area of Central government for garnering revenue and it has been constantly undertaking measures to pluck the revenue leakage. One such measure has b

CBEC issues guidelines for detailed manual scrutiny of ST-3 Returns w.e.f. August 1, 2015

Bimal Jain 09 July 2015 at 10:35

Dear Professional Colleague,CBEC issues guidelines for detailed manual scrutiny of ST-3 Returns w.e.f. August 1, 2015Background:The Central Board of Excise and Customs (�CBEC� or �the Board�) vide Circular No. 113/07/2009-ST d

ST - Reverse charge mechanism

CA Sujeet Kumar 08 July 2015 at 10:31

In 2012, Govt. of India has changed the overall taxation of Service tax and that time they had presented a different taxation method to levy service tax on services which was negative List Based taxation method. All the services except services provi

Availment of credit based on computer generated invoice: Pre and Post Budget 2015-16

Ashish Chaudhary 08 July 2015 at 10:30

Availment of Credit based on computer generated invoice: Pre and Post Budget 2015-16 CA Ashish Chaudhary

Service tax on reimbursable expenditure - Paradox rejuvenated

CA.Manindar Kakarla 08 July 2015 at 10:30

INTRODUCTION:Incurring of reimbursable expenditure by service provider during the course of providing his services and service receiver subsequently reimbursing them is the inevitable business expediency in certain service sectors. Inclusion of this