Service Tax Articles

How to adjust excess service tax payments

CA Pawan Kumar 20 June 2013 at 11:45

According to the Proviso of sub-rule (1) of Rule 6 of the Service Tax Rules, 1994 reads, Provided also that the service tax on the value of taxable s

Credit Reversal on Trading of Flats- Questions that remains unanswered

Pradeep Jain 18 June 2013 at 18:10

Introduction:- This is a court of law, young man, not a court of justice. This phrase by Oliver Wendell Holmes, Jr. is remembered by every person who loses in court of law despite being genuine and working in boundaries of la

Point of Taxation Rules 2011 - Part 1

AMEER SHA 18 June 2013 at 18:10

Hello Friends, This is my first article on this plat form. Please go through it and let me know if there is any misatkes or areas to be improved. Are you able to guess which tax it relates to ??? Excise duty? , Income Tax ? or Service Tax&

Overview of Service Tax Voluntary Compliance Encouragement Scheme, 2013 - Series 1

Bimal Jain 18 June 2013 at 12:16

The Service Tax Voluntary Compliance Encouragement Scheme (VCES) has been implemented with effect from May 10, 2013 with the enactment of the Finance Bill 2013. We have prepared and summarized overview of the Scheme for ease of your un

Service Tax on Builders explained!

Amit Bajaj 18 June 2013 at 12:04

The revenue and the builders have always been at dispute when comes to leviability of service tax on the consideration received in advance by the builders/developers from the prospective buyers of immovable property to be constructed. After the ne

Best Practices - Reply to SCN

Madhukar N Hiregange 13 June 2013 at 12:01

The service tax law has resulted in a large number of disputes [ more than 1 lakhs + pending as on date] mainly due to the fact that the law is changing frequently and drafting has been seen to have many loose ends. The trigger happy attitude of so

Cenvat Credit on services of commission agents

Pradeep Jain 12 June 2013 at 12:38

CENVAT CREDIT ON SERVICES OF COMMISSION AGENTS: A COMMON ISSUE WITH CONTRARY DECISIONS Introduction: Cenvat Credit has been a highly sensitive issue since its inception. The assessees always attempt to avail credit of every possibl

Place of Provision of Service - Including Issues

Madhukar N Hiregange 11 June 2013 at 12:11

Introduction Under earlier method of taxation (positive list based) the services which were provided in India were taxable, without any distinction of f

Reverse- Joint Charge - Possible Way Out

Madhukar N Hiregange 07 June 2013 at 11:29

Reverse- Joint Charge Under Service Tax- Possible Way Out CA Madhukar N Hiregange The common citizen, the trader [ big & small] , small scale service providers, manufacturers who in normal course are not providing services would not be registere

RULE 3 (5B) of the CCR - Write-off or 'Provision to write-off' versus Cenvat Reversals, Analysis

Manoj Pala 31 May 2013 at 11:53

RULE 3 (5B) of the CCR - Write-off or provision to write-off versus CENVAT Reversals, Analysis We refer to Sub-rule (5B) of Rule 3 of the CCR states that if the value of any: (i) input, or (ii) capital goods before being put