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Service Tax Articles


Works Contract vs. Commercial or Industrial Construction

  Bimal Jain    19 June 2012 at 11:59

Works Contract viz-a-viz Commercial or Industrial Construction Services Valuation & Abatement Issues -Budget 2012 Recently Service Tax (Determination of Valuation Rules), 2012 vide Notification No. 11/2012 S.T dated 17.03.2012 ame



How to determine value of service portion in works contract

  Rabish Chandra    18 June 2012 at 12:15

How to determine value of service portion in the execution of a works contract. *Rabish Chandra (contact @rabishchandra on twitter) *The information is for general awareness and may not be relied upon for any legal purpose. Views



Water spilled on happiness of Assessee

  CA Akshay Yetiwar    18 June 2012 at 12:14

Yesterday a wave of happiness flowed in the minds of all the service tax assesse , as some learned person from the our professional community pointed out a defect in the new amendments made in the Service Tax Law viz. section 68 of the Finance A



Renting of Immovable Property Service - Developments and Issues

  CA.Manindar Kakarla    13 June 2012 at 11:31

Renting of Immovable property service is one among the services which has huge implication as to the coverage of number of assessees and the quan



Taxing becomes more complex

  CA.Unnikrishnan.S    11 June 2012 at 12:04

Under the current service tax provisions construction of residential complex service was one of the services which was subject matter of litigation all over India.Various Departmental circulars giving contradictory clarifications as w



New Service Tax Regime on Negative List -1st July, 2012

  Bimal Jain    07 June 2012 at 17:06

New Service Tax Regime on Negative List applicable from 1st July 2012 The Central Government vide Notification No. 19/2012-ST dated 05.06.2012 has announced Date of Introduction of new regime of most awaited Negative List a



Overview of Compounding of Offences under the Service Tax

  Bimal Jain    06 June 2012 at 11:41

The Central Government by exercising the power conferred by clause (i) of sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994) has made the Service Tax (Compounding of Offen



A Negative List in Service Tax Levy- Impact on Construction Industry

  CA Nikhil Jhanwar    29 May 2012 at 14:07

Introduction It was 18 years ago when the levy of service tax was introduced with a meagre three services which has now grown manifold to 119 services. The scope of services has



Analysis of Service Tax Rules, 1994

  PUNEET GOYAL    28 May 2012 at 13:53

(Before proceeding further please read the disclaimer at the bottom of this write up) Service Tax Rules, 1994 are being amended as follows: A. As per Rule 2 (cd) of STR, 1994, now partnership includes a limited liability partnership. Now it wil



A Comprehensive Analysis | Service Tax on Construction Activities

  CA Ankit Gulgulia (Jain)    21 May 2012 at 11:27

Service Tax on Construction Activities A Comprehensive Analysis Proposed section 66B of Finance Act, 1994 shall be the new charging section of service tax. There shall be levied a service tax at the rate of twelve per cent on the value of