Service Tax Articles

Exemptions of Service tax for GTA Service

Posted by Member (Account Deleted) 10 January 2015 148284 Views

What are the exemptions available on GTA Service on the basis of goods involved in the consignment?As per notification no.25/2012- ST amended from time to time, services provided by way of transportation of f

Rent a cab service - Revenue Raising or Litigation Raising

Posted by Harsh Gadodia 09 January 2015 22205 Views

A recent amendments made in the Union Budget 2014 in regard to rent a cab service - service tax liability, cenvat credits and reverse charge, not only ignite the confusions that was prevailing already in the industry

Refund of ST to exporter of services

Posted by CA Sunnay Jariwala 05 January 2015 6173 Views

Notification No. 39/2012- Service Tax20th June, 2012 The Central Government hereby directs that there shall be granted rebate of the whole of the duty paid on excisable inputs or the whole of the service tax and cess paid on all input services (herei

Analysis of L&T - Service Tax - Impact on Valuation of WCT in residential apartments

Posted by Madhukar N Hiregange 03 January 2015 20130 Views

Construction Service / Works Contract- Residential ApartmentsImpact of Larsen & Toubro [ K.Raheja] Judgment.Madhukar N Hiregange Commercial tax is a largest[maximum] contributor of revenue to every State. There were attempts in late 1990s and la

Service Tax on Voluntary Organizations (NGO)

Posted by Guest 02 January 2015 39953 Views

After introduction of Negative List based taxation under service tax from 1.7.2012, the applicability of service tax to voluntary / non-profit organizations (NGOs) has become a contentious issue. This is because of introduction of all encompassing de

Threshold exemption to small service providers under service tax as updated 26th Dec'14

Posted by CA. K S Chauhan 02 January 2015 45512 Views

1. Summary of previous notifications related to threshold exemption along with limit, date of applicability and relevant Notification numbers: Period Exemption limit (Rs.) Relevant Notification of Service Tax Effectiv

Rebate on Export of Goods (Notification 41/2014)

Posted by CA Sunnay Jariwala 02 January 2015 21349 Views

Notification No. 41/2012-Service Tax29th June, 2012 This notification shall come into effect on the 1st day of July, 2012. It deals with the export of goods. The Central Government grants rebate of service tax paid (hereinafter referred to as rebate)

Penalty leviable even if service tax is paid before SCN

Posted by Sumit Grover 29 December 2014 18768 Views

Recently, Hon'ble Karnataka High Court in the matter of K. Madhav Kamath Brother & Co. v. Asst. Comm. of Central Excise, pronounced that even if service tax is paid prior to Show Cause Notice, still the penalty shall be leviable u/s 76/78, 77

Third report of TARC

Posted by Bimal Jain 24 December 2014 9382 Views

THIRD REPORT OF TAXADMINISTRATION REFORMCOMMISSION (TARC) The Government had constituted Tax Administration Reform Commission (the TARC) headed by Dr. Parthasarathi Shome, on August, 2013, to suggest core reforms to the tax administrati

Reverse charge & partial reverse charge mechanism in ST

Posted by CA. K S Chauhan 19 December 2014 19369 Views

Service Tax is levied under Section 66B of the Finance Act, 1994 as amended up to date. Section 68(1) confers liability to pay service tax on service provider but section 68(2), which has overriding effect over section 68(1), confers liability to pay