Service Tax Articles

Services provided to Foreign Principals for marketing their products

Bimal Jain 17 October 2014 at 10:55

Dear Professional Colleague,Services provided to Foreign Principals for marketing their products in India qualify as an export of service We are sharing with you an important judgment of the Honble CESTAT, Delhi in the case of Microsoft Corpor

No penalty if there was mass unawareness among service providers about taxability of certain service

Bimal Jain 16 October 2014 at 11:33

SERVICE TAXRECENT CASE LAWS No penalty if there was mass unawareness among service providers about taxability of certain service H.M. Singh & Co. Vs. Commissioner of Central Excise, Customs & Service Tax [2014 (49) taxmann.com 417(Allahab

Service Tax Compliance under Reverse Charge - Proprietorship

Manoj Agarwal 14 October 2014 at 10:43

1. Freight paid/payable to Goods Transport Agency (GTA)1.1 When does an individual/proprietorship firm is liable to pay service tax under reverse charge?An Individual or a proprietorship firm is liable to take service tax registration and pay servi

Update on Indirect Tax - Service Tax and Excise for the month of Oct 2014

TARUN KUMAR GUPTA 11 October 2014 at 10:49

A. Service Tax 1. Service Tax payment for the month of September, 2014 is due for payment on 6th October, 2014 for assesses including Individual, Proprietary Firm, Partnership Firm or LLP. It is now mandatory for all assesses w.e.f. October 1, 2014,

Action plan of CBEC to evolve non-adversarial indirect tax administration

Bimal Jain 08 October 2014 at 10:54

The CBEC has issued an instructions vide letter F. No. 296/185/2014-CX.9 dated September 30, 2014 to all CCs and DGs on its action plan to evolve Non-adversrial indirect tax administration for the benefit of trade, industry and other stakeholders, wh

Exponential Rise in Rate of Interest of Service Tax

CA Umesh Sharma 07 October 2014 at 10:37

Karniti Part 57 In October Heat Exponential Rise in Rate of Interest of Service TaxArjuna (Fictional Character): Krishna, October months heat has started. In this by increasing rate of interest of service tax from 1st October 2014 the departme

No Penalty in the absence of mens rea

Bimal Jain 07 October 2014 at 10:37

Dear professional college,No Penalty in the absence of mens reaWe are sharing with you an important judgment of Honble CESTAT, DELHI in the case of Mohan Poddar Vs. CCE, Raipur [2014 (9) TMI 782 - CESTAT NEW DELHI] on the following issue:Issue

Clarifications - Mandatory pre-deposit

Sachin Sharma 07 October 2014 at 10:36

Clarifications Mandatory pre-deposit (Circular No 984/08/2014-Cx dated 16.09.2014) (Section 35F of Central Excise Act 1944 and Sec 129E of Custom Act 1962 substituted vide Finance Act (No. 2)2014) Clarification has been issued by the CBEC reg

Clarification on chargeability of Service tax on transactions between Joint Venture and its members

Bimal Jain 01 October 2014 at 12:30

SERVICE TAXNOTIFICATIONS/CIRCULARS Clarification on chargeability of Service tax on transactions between Joint Venture and its members The Central Board of Excise and Customs (the CBEC) vide Circular No. 179/5/2014- ST dated September

Service tax refund not shown as receivable in Balance Sheet

Bimal Jain 25 September 2014 at 11:23

SERVICE TAX RECENT CASE LAWS Refund of Service tax on services not provided cannot be denied on ground that same was not shown as 'receivable' in Balance Sheet Radico Khaitan Ltd. Vs. Commissioner of Service Tax, Delhi [(2014) 48 taxmann.com