Service Tax Articles

Reimbursement of expenses part of taxable value: ST

Posted by Vishal 03 September 2013 31428 Views

In a normal course of service industry, a service provider charges an amount for providing the services along with service tax which is paid by the service receiver. Such service tax is calculated and paid according to the service tax provisions con

Service Tax Liability on Cricketers

Posted by CA RITUL PATWA 02 September 2013 36318 Views

The central government has introduced the concept of Negative List w.e.f. 01-07-2012, under which all persons providing any SERVICE which is not covered under the Negative List (Sec. 66 D) or Mega Exemption Notification (Notification No. 25/2012 dat

Service Tax VCES, 2013: Issues of Tax Paid before VCES

Posted by CA RITUL PATWA 02 September 2013 13575 Views

ISSUE 1 : Assessee has paid 100% Tax before enactment of VCES, 2013 but failed to file the ST return. Query Whether the assesse can file a declaration under VCES, 2013 and get the benefit of immunity from Interest & Penalty? Our View :-

No TDS on Service Tax charged on Professional or Technical fees

Posted by Bimal Jain 30 August 2013 28734 Views

We are sharing with you an important judgement of the Honble Rajasthan High Court, in the case of Commissioner of Income Tax (TDS), Jaipur Vs. M/s. Rajasthan Urban Infrastructure [2013 (8) TMI 12 RAJASTHAN HIGH COURT] on following iss

Service Tax on Banking Services

Posted by CA.R.Jeyarajan 26 August 2013 75918 Views

SERVICE TAX ON BANKING AND FINANCIAL INSTITUTION BANKING SERVICES INTRODUCTION Bankers acts as an agent by conducting checking of current accounts for customers, paying cheques drawn on customers of the bank, collecting cheques deposited

Service Tax VCES, 2013 - Clarifications

Posted by CA RITUL PATWA 24 August 2013 13320 Views

The Service Tax Voluntary Compliance Encouragement Scheme (VCES) has come into effect from 10.5.2013. Some of the issues raised with reference to the Scheme have been clarified by the Board vide circular No. 169/4/2013-ST, dated 13.5.2013. Subs

What is relevant date for determining - Rate of Service tax

Posted by Bimal Jain 22 August 2013 11561 Views

Dear Professional Colleague, What is the relevant date for determining the rate of service tax applicable We are sharing with you an important judgement of the Honble CESTAT, Ahmedabad in the case of Commissioner of Central Excise & Servi

Principles of Natural Justice

Posted by RENGARAJ R.K 22 August 2013 22181 Views

PRINCIPLES OF NATURAL JUSTICE- "Audi Alteram Partem" and "nemo judex in causa sua" in Tax matters.Introduction:The principles of natural justice have their roots in two Latin maxims:"Audi alteram partem" and "nemo judex in causa sua". Th

Technology Contracts - VAT Vs Service Tax

Posted by Madhukar N Hiregange 21 August 2013 16437 Views

Technology Contracts- Liability under VAT or Service Tax? This category covers information technology, IT enabled service and telecommunication industry. Today businesses are done in various complex manner through different jurisdictions in differen