Service Tax Articles

Maintenance of Records under Service Tax

srikanth 06 March 2012 at 12:10

MAINTENANCE OF RECORDS FOR SERVICE TAX - By Srikanth.Manne With the blessings of the God and my Gurus and inspiration from Bosses, Colleagues and my family members I am writing and posting this first article. Service tax assesses are gover

Analysis of Short Term Accommodation Service Introduced by Finance Act, 2011

PUNEET GOYAL 28 February 2012 at 11:36

Analysis of Short Term Accommodation Service Introduced by Finance Act, 2011 Taxable Service As per section 65 (105)(zzzzw) taxable service means any service provided or to be provided to a

Taxation on negative list of services

Venkatanarayana GM 27 January 2012 at 16:03

Introduction: Finally the ministry of finance in India is moving ahead in reducing ambiguous and unnecessary litigation in the field of service tax. Service tax is the major source of revenue to the government which is contributing nearly more tha

Analysis of Point of Taxation Rules, 2011 along with examples

PUNEET GOYAL 17 January 2012 at 12:19

ANALYSIS OF POINT OF TAXATION RULES, 2011 ALONGWITH SUITABLE EXAMPLES As we all are aware that earlier service tax was payable on receipt of payment in respect of taxable services provided. But with the introduction of Point of taxation Rules, 20

Supreme Court Partial Stay on Service Tax on 105(zzzz)

Yogesh Agarwal 17 November 2011 at 15:06

The service tax is dealt with the finance act and is the levy which is not having own act. The task of administartion is entrusted to the Central Board of Excise and Cutoms.When the service tax imposition was first ever started in India no body have

Rule 3 of Point of Taxation Rules, 2011

CA.Manindar Kakarla 09 November 2011 at 13:18

Background: Before making a study of Point of Taxation Rules, it is important to know the objective of introduction of these rules. Under any Indirect Tax, the process of levying tax is governed by two events. These a

A Step Closer to Goods and Service Tax

Nagesh Bajaj 24 October 2011 at 16:14

The central and state governments moved closer to ushering in a nationwide goods and services tax on April 1, 2011, that will simplify the manner in which corporates, small enterprises and traders will be levied taxes on goods and services. The re

Concepts in Indirect Taxation

Madhukar N Hiregange 20 October 2011 at 16:39

The tax is the price which we pay for a Civilised Society- Justice Holmes of US Supreme Court. In a civilised society a citizen demands law and

Taxation of works contract services under Service Tax

Amit Bajaj 18 October 2011 at 11:54

Works contract services were brought into service tax net by the Finance Act, 2007, w.e.f 01-06-2007 vide notification No. 23/2007-ST, dated 22-05-2007. Works contract in general terms can be understood as a contract which involves transfer of prope

Service Tax on Job Work

CA PRAMOD SARAOGI 08 October 2011 at 13:48

ST on Job Work Paper Processors (PP) engaged in slitting of Paper Rolls into two pieces. Paper Rolls of various widths are supplied by the principles. 1. First check the process of Slitting of Printing Paper Rolls carried out by the Job-worker