Service Tax Articles

Intermediary redefined - relevance of NT 42/2012 lost?

AKASH PHOPHALIA 18 December 2014 at 11:42

Intermediary redefined relevance of Notification 42/2012 lost? With the final Budget 2014 an amendment was proposed to change the definition of intermediary. The new definition introduced the words ..or supply of

Extended period is not invocable, when penalties were waived

Bimal Jain 18 December 2014 at 11:42

Dear Professional Colleague,Extended period is not invocable, when penalties were waived off on the ground of interpretational issue being involvedWe are sharing with you an important judgment of the Honble CESTAT, New Delhi, in the case of Sa

Cenvat credit on Outdoor Catering services used in relation to business activities

Bimal Jain 17 December 2014 at 10:31

Dear Professional Colleague,Cenvat credit on Outdoor Catering services used in relation to business activities continues to be an eligible Input service even after amendment in the definition of Input services w.e.f April 1, 2011We are

Goods & Service Tax Will Be A Reality By April 2016

Anandaday Misshra, Advocate 17 December 2014 at 10:31

The Central Government has finally agreed to many demands of various states during the most successful meeting held so far on 15th December , 2014. This is claimed to be a win win deal and passing of first hurdle in rolling out the long awaited good

Interesting case laws on CESTAT - Part I

Anandaday Misshra, Advocate 16 December 2014 at 10:59

Oflate, very interesting legalities have evolved in relation to Tribunal (CESTAT) . I am highlighting only three aspects as below : a. No Dismissal for Non-Prosecution- In Balaji Steel Re-Rolling Mills Versus Commissioner Of C.Ex. & Customs rep

Service Tax v/s VAT on Renting/Hiring of Motor Cabs

Ravi Kumar Somani 16 December 2014 at 10:58

IntroductionRenting/Hiring of Motor vehicles has mostly been an unorganized sector with mainly individual business houses dominating the sector by operating with limited vehicles (mostly owned

Impact of Budget changes for Rent a Cab

Member (Account Deleted) 13 December 2014 at 13:16

Impact of amendments on Rent-A-Cab Service (A REVERSE GEAR)Rent-A-Cab Service is not defined under Negative list regime. However as per the earlier definition it means any service provided or to be provided to any person, by a re

CBEC clarifies that ST department can also conduct ST audit along with CA or CMA

Bimal Jain 13 December 2014 at 13:16

Dear Professional Colleague, Service Tax Dept can also conduct Service Tax Audit along with CA or CMA CBEC clarifies Background: The Honble High Court of Delhi in the case of Travelite (India) Vs. Union of India & Ors. (W.P. (C) 37

CBEC's race with service tax audits

Sumit Grover 11 December 2014 at 10:55

Less than a week ago, CBEC had empowered CAs & CMAs(nominated u/s 72A) to conduct service tax audits on behalf of service tax department, by setting aside the verdict pronounced by Hon'ble Delhi High Court in case of CAG Travelite (India) Vs.

CAs & CWAs empowered for service tax audits

Sumit Grover 06 December 2014 at 12:15

CBEC has authorised CAs & CWAs(nominated u/s 72A) to conduct service tax audits at behest of service tax department.Statutory provisions--Rule 5A(2) of Service Tax Rules, 1994 authorises department to conduct audit by CAG or any audit party deput