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Service Tax Articles


Service Tax Amendments applicable w.e.f 14th May 2015

  Alok Agarwal    19 May 2015 at 10:53

Service Tax Amendments applicable w.e.f 14.05.2015 On 14-05-2015, Finance Bill 2015 has become Finance Act 2015 as it received assent from the president. Let us analyse certain provisions which become applicable on enactment of the Finance Bill 2015



Amendment in reverse charge mechanism by Finance Bill 2015 and critical analysis of RCM

  CA Vijaykumar Gutte    11 May 2015 at 10:25

Finance Budget 2015 Changes Included.Critical Analysis of Reverse Charge Mechanism in Service Tax Date 09/05/15 Earlier I had post



Service Tax on E-Commerce transaction under Aggregator Model

  CA Vishal Bindal    08 May 2015 at 10:31

(Tax on Reverse Charge Notification No. 30/2012 as amended by Notification 7/2015) In the budget 2015, An aggregator has been made a person liable to pay service tax in case service i



Service Tax Rate - Section 67A vs point of taxation rules

  CA.Manindar Kakarla    06 May 2015 at 10:42

Change in Service Tax Rate � Section 67A vs Point of Taxation Rules.CA. Manindar KakarlaIntroduction:The Finance Budget 2015, has proposed to increase the effective rate of service tax from 12.36% to 14% for all taxable services. The increased



N. No.12/2015-CE(NT) - Fate of Service Providers?

  CA. C V SURYAM    04 May 2015 at 11:29

The most awaited notification on the fate of opening cenvat credit of Education Cess (EC) and SHE Cess (SHEC) lying as on 01/03/2015 has been notified on 30/04/2015. But this notification speaks about only excise duty payable by manufacturers but no



Utilization of CESS: Whether industry has been fooled?

  Manoj Agarwal    04 May 2015 at 10:09

In a significant move towards Goods & Service Tax (GST), the Central Government had issued Notification No. 14/2015-CE and 15/2015-CE dated 01-03-2015 (as part of the Union Budget – 2015 Notifications) whereby it exempted all goods falling



Demand of Service tax on the amount credited/ debited to suspense

  Bimal Jain    10 April 2015 at 10:29

Dear Professional Colleague,Demand of Service tax on the amount credited/ debited to suspense account for the period prior to May 10, 2008 is not exigible to Service taxWe are sharing with you an important judgment of Honble CESTAT, Chennai, i



Increase in time limit for availing Cenvat credit on Input services and Inputs

  Bimal Jain    06 April 2015 at 18:09

Dear Professional Colleague,Increase in time limit for availing Cenvat credit on Input services and Inputs Whether applicable on invoices issued prior to March 1, 2015?Till September 1, 2014, there was no time limit prescribed under the Cenva



Analysis on Service Tax RCM for LLPs

  CA Pankaj Kr Agrawal    06 April 2015 at 10:10

Introduction :-The Definition of Body Corporate is amended on 12-Sep-2013 vide circular issued by MCA on account of applicability of Companies Act 2013.So Can a LLP be Considered as Body Corporate as per the same for Service Tax and not liable to



Decoding rule 6 of Cenvat Credit Rules, 2004

  Ashish Gupta    03 April 2015 at 10:56

THUMB RULE to avail CENVAT Credit is that it can be availed on those eligible Inputs, Capital goods or Input Services which have been utilized for providing taxable services or manufacturing dutiable goods except the cases where it is restricted unde