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Service Tax Articles


Input Service Distributor- Compliance

Posted by Madhukar N Hiregange 03 September 2014 11786 Views

Compliance - Input Service Distributor- Central Excise / Service TaxBy Madhukar N HiregangeBackgroundThe manufacturers in the past few years have often multi locational factories and warehouses to cater to the needs of customers of Just In Time deli



Imp Service tax changes in Budget applicable from 1st Oct

Posted by Bimal Jain 27 August 2014 38561 Views

Dear Professional Colleague, We are sharing with you certain amendments made vide recent Notifications dated August 25, 2014 issued by the Central Board of Excise & Customs (the CBEC): 1. Fixation of date of applicability of Clauses



Six months limit- Can it be extended?

Posted by Madhukar N Hiregange 27 August 2014 18220 Views

Revenue Augmentation 6 Month Restriction Can One Avail post 1st September?CA Madhukar N Hiregange& CA Roopa NayakExcise duty collections are expected to be about Rs. 2 Lakhs crores and Service Tax collections about 2.2 Lakhs cror



Indirect Tax & Other Laws Communique

Posted by Bimal Jain 27 August 2014 5781 Views

SERVICE TAX NOTIFICTIONS/CIRCULARS Religious pilgrimage services provided by specified organizations get exemption from Service tax In exercise of the powers conferred by Section 93(1) of the Finance Act, 1994, the CBEC vide its Notification No. 17/2



Cenvat Ready recknor

Posted by Venkatanarayana GM 25 August 2014 9258 Views

Present article is designed for discussion of eligibility or ineligibility of Cenvat Credit on input, input services and capital goods to manufacturers and service providers. Discussed provisions are general in nature for the help of readers and may



Interest under Service Tax

Posted by AKASH PHOPHALIA 20 August 2014 105147 Views

Interest Hammer on assessee- Illustrated Interest on Service Tax is charged in accordance with the provisions of Section 75 of Finance Act 1994. Rate of Interest up to 01/10/2014 is simple interest of 18% per annum on delayed payment of tax (3% conce



Service Tax on Truck Owners

Posted by AKASH PHOPHALIA 20 August 2014 14261 Views

Service Tax on Truck Owners Services provided by way of transportation of goods by road are in the negative list in clause (p) of Section 66D. However, such clause makes an exclusion of services provided by Goods Transport Agency. Thus, it can be inf



Does DTAA Overrides Service Tax in India?

Posted by CA Nischal Agarwal 14 August 2014 15587 Views

Import of Service The Import of Service means that the Service which is being provided by a Service Provider who is located in Non-Taxable territory and the service recipient is located in taxable territory. In such circumstances, the Service Receive



Auxiliary Educational Services - Butchered by Rationality

Posted by CA.Manindar Kakarla 09 August 2014 17879 Views

Introduction:Budget 2012 has extended a great benefit to educational institutions by providing exemption for renting and auxiliary educational services provided to or b



'General' audit under Service Tax Rules - Ultra Vires

Posted by CS Aditya Singhania 08 August 2014 21183 Views

General audit under Service Tax Rules Ultra Virus Delhi High Court 4th August, 2014 Rule 5A(2) of the ST Rules, 1994 provides that every assessee has to provide to the officer authorized by the commissioner or CA




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