Service Tax Articles

No Penalty in the absence of mens rea

Posted by Bimal Jain 07 October 2014 12654 Views

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

Posted by Sachin Sharma 07 October 2014 15323 Views

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

Posted by Bimal Jain 01 October 2014 23583 Views

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

Posted by Bimal Jain 25 September 2014 23938 Views

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

Amendments to the Appeal provisions in Customs, Central Excise and ST

Posted by Dilip K Raina 22 September 2014 9640 Views

Amendments to the Appeal provisions in Customs, Central Excise and Service Tax made by Finance Act, 2014- A logical review.Definition: An appeal is a serious, urgent or heartfelt request by an aggrieved person to someone who has a superior authorit

Notional interest can't be added in taxable value of service

Posted by Bimal Jain 22 September 2014 13738 Views

Dear Professional Colleague,Notional interest on the interest free security deposit cannot be added to the value of taxable services.We are sharing with you an important judgment of Honble CESTAT Mumbaiin the case of Murli Realtors Pvt. Ltd. a

Clarifications on mandatory pre-deposit for filing appeals under Service tax, Excise and Customs

Posted by Bimal Jain 18 September 2014 18621 Views

The Finance Act (No.2), 2014 (the Finance Act) has substituted new Section 35F of the Central Excise Act, 1944 (the Excise Act) which is also applicable for Service Tax vide Section 83 of the Finance Act, 1994 and Section

Notional interest on interest free security deposit cannot be added to the rent for levy of ST

Posted by Bimal Jain 17 September 2014 16447 Views

SERVICE TAX RECENT CASE LAWS Notional interest on interest free security deposit cannot be added to the rent for levy of service tax on renting of immovable properties Murli Realtors Pvt. Ltd. and others Vs. Commissioner of Central Excise Pune-II [

Service tax applicability on Foreign Bank services

Posted by CA Pravendra Rana 9717036532 16 September 2014 17028 Views

In today's scenario, for the purpose of export of goods or services from India and import of goods or services to India, there are various requirements. Out of which, in case of export of goods/services, one requirement is "forwarding of documents" &

Cenvat credit available prior to service tax registration

Posted by Bimal Jain 11 September 2014 12698 Views

Dear Professional Colleague,Service provider is eligible to avail Cenvat credit on inputs/ input services prior to Service tax registrationWe are sharing with you an important judgment of the Honble CESTAT of New Delhi in the case of Actis Adv