Brief Introduction Generally Automobile Dealers are engaged in three main activities i.e. Selling of Vehicles, Selling of Spare parts of vehicle, and working as an Authorized Service Station on behalf of the principal. In the course of selling
Introduction: Accounting under service tax is one of the important aspects for the assesses in the organization . In this article we would like to highlight some important basic accounting entries with regard to service tax. So that, the organi
Introduction Every year Budget introduces amendment in various tax laws with the aim of rationalization in the tax regime of the country. Budget 2012 in the same row came out with various
Whether Refund of Service tax paid on an exempted service permissible? We are sharing with you an important judgement of Honble CESTAT-Mumbai in the case of Crown Products Pvt. Ltd. Versus CCE, Nashik [2012 (8) TMI 373 - CESTAT, MUMBAI] on fo
SSP/ threshold Exemption under Notification No. 33/2012 - Service Tax Dt. 20/06/2012: SSI exemption limit along with date of applicability and relevant Notification number: Period Exemption limit (Rs.) Rel
Service Tax Partial Reverse Charge Mechanism FAQs Under the Reverse Charge Mechanism the Service recipient is liable to pay service tax in cash, directly to the Government Treasury on notified services as per Notification No. 30/2012
A clarity is must as far as the term consideration is concerned. The phrase consideration has not been defined in the Act. But the explanation (a) of section 67 gives inclusive definition of consideration stating that i
Service tax on Vocational education/training courses TRU has issued a Circular No. 164/15/2012-ST dated August 28, 2012 clarifying certain issues in relation to levy of service tax on certain vocational education/training/ skill development courses
Hello everyone, Thank you very much for a great responce on my article reverse charge mechnism of service tax. I have received lots of mails for seeking clarification. I am trying to solve some major issues in reverse mechanism. Since the introduc
What is Service Tax? Whether it is direct or indirect tax? Service tax is an indirect tax levied on certain services provided by certain categories of persons/firms/agencies. Service sector was not taxed for considerably very long time. For the fir
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
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