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Service Tax Articles


Service Tax Return (ST-3) for July-Sep, 2012 now available

  Bimal Jain    29 March 2013 at 11:28

Service Tax Return (ST-3) for July-September, 2012 now available in modified format for e-filing on ACES. Service Tax Return (ST-3) is now available in a modified format for e-filing on ACES website for the quarter July to September 2012, which req



Real Estate Sector and Union Budget 2013

  Sonu    29 March 2013 at 11:20

As there was lot of expectations from this budget, that budget might be investors or common men friendly. However in reality it does not seems like that. If we talk about real estate and union budget 2013, there was two sided impact on it. I.e. DIRE



Assortment of amendments in Penal Provisions of Service Tax

  Pradeep Jain    18 March 2013 at 17:23

INTRODUCTION:- Beware if you are the one illicitly holding the government revenue!!! Government is all set to severely punish the people contravening the provisions of Finance Act, particularly, when one collect the service tax and fails to deposi



Reverse Charge Mechanism: Clarifications still needed

  Pradeep Jain    14 March 2013 at 11:29

Introduction:- Around a year back, the budget of previous year proposed the service tax by way of negative list which was implemented w.e.f. 1.7.2012. This is the milestone date which transformed the service tax law by implementi



Place of provision of Service Rules, 2012 (PPS Rules)

  ankush    06 March 2013 at 12:08

Background Section 66B of Finance Act, 1994 levies service tax on value of all services provided or agreed to be provided in the taxable territory by one person to another. Section 66C grants powers to the Central Government to frame rules to



Critical reasoning of Notification no.03/2013 ST dated 01.03.2013

  Pradeep Jain    04 March 2013 at 12:08

Introduction:- In previous budget, service tax law was shifted to negative list regime. Mega exemption notification no. 25/2012-ST dated 20.6.2012 was issued to prescribe the lis



Open Letter to FM- Budget 2013

  Madhukar N Hiregange    04 March 2013 at 12:03

3rd March 2013. Dear FM Shri. P. Chidambaram, First of all thanks for your listening while taking the comments on the budget from all. We all understand that over a period of years there are some ills which have accumulated. However instead of voici



Service Tax on Restaurant

  Pradeep Jain    04 March 2013 at 11:30

SERVICE TAX ON RESTAURANT: A SMALL AMENDMENT MAKES A BROADER SCOPE OF SERVICE TAX Introduction:- Under negative list regime, the service tax was introduced on restaurants, eating joints and mess which have licence to serve the liquor and fac



Service tax analysis of Budget 2013

  Member (Account Deleted)    02 March 2013 at 11:30

SERVICE TAX ANALYSIS 1. HEADING-Scope of Negative List Widened SECTION- 65B (11) OF FINANCE ACT, 1994 MEMORANDUM EXPLAINING THE FINANCE BILL Definition of 'approved vocational education course' provided in section 65B (11) is bein



Budget 2013 - Highlights - Service Tax

  Madhukar N Hiregange    02 March 2013 at 11:07

Finance Bill, 2013 has been submitted to Parliament by the Union Finance Minister, Mr.