Service Tax Articles

Service Tax on Rent-A-Cab Service - A Guide

Posted by Manoj Agarwal 21 March 2014 65015 Views

1. Definition and Scope of Rent-A-Cab Service 1.1 What is Rent- A-Cab Service?Rent-A-Cab Service means renting of any motor vehicle designed to carry passengers!!! 1.2 What? I havent heard or read such a definition anywhere?Correct, but let me

Reverse charge and joint charge on service tax

Posted by parth jatania 20 March 2014 28828 Views

Joint charge and Reverse charge mechanism Central government in the notification no. 30/2012-ST the cases of reverse charge mechanism . This transaction are introduced wef. 1-JUL-2012 Se

A brief note on Goods Transport Agency (GTA) Service

Posted by CS Aditya Singhania 18 March 2014 53184 Views

An Insight into History of Goods Transport Agency Service Tax was first introduced on Goods Transport Operator (GTO) services with effect from 16-11-1997. However, due to several oppositions from

No Service Tax leviable on Chit Fund Business

Posted by Bimal Jain 11 March 2014 18893 Views

Dear Professional Colleague,Chit fund business constitutes transaction in money and not liable to service taxRecently, the Honble Supreme Court of India, dismissed the SLP filed by the Union of India against the judgment of the H

Refund of unutilized Cenvat Credit - Partial Reverse Charge

Posted by Bimal Jain 07 March 2014 16825 Views

Dear Professional Colleague,Refund of unutilized Cenvat credit to Service Providers providing services under Partial Reverse Charge BackgroundPartial reverse charge mechanism has been introduced w.e.f. July 1, 2012 wherein both service provider and s

Changes in ST, Excise and Custom by Interim Budget 14

Posted by Bimal Jain 18 February 2014 54204 Views

Dear Professional Colleague, The Honble Finance Minister P. Chidambaram presented the Interim Budget for the fiscal year 2014-15 on Monday, February 17, 2014 to cover expenditure until the Government's term ends in May, 2014. While presenting

Tips to Avoid Corruption: Indirect Taxes

Posted by Madhukar N Hiregange 14 February 2014 12476 Views

The last decade has seen the move towards usage of technology by the tax authorities and the traditional examination of statutory records has been gradually fading away. However the corruption in the local VAT / Excise offices across India as well as

Service Tax Implications of Plotted Development

Posted by Madhukar N Hiregange 13 February 2014 66663 Views

In this article we would examine what would be the effect of some services activity conducted in the course of a sale of immovable property in general and development of plots in particular. Consequently the impact of service tax. We also examine th

MIS- "Place of Removal" in Notification No. 41/2012-ST

Posted by Rishi 27 January 2014 23000 Views

The divisions falling under Central Excise Commissionerate, Ludhiana (Punjab) has started issuing show cause notices to the exporters who are claiming refund claim under Para 3 of Notification No. 41/2012 ST dated 29.06.2012 in respect of services ut

Service tax on services provided by RWA to its own members

Posted by Bimal Jain 16 January 2014 15155 Views

Dear Professional Colleague,Clarifications with regard to levy of service tax on services provided by RWA to its own members Background:Service tax on 'club or association service' which covers RWA, was introduced with effect from June 16, 20