Service Tax Articles

Issues in proposed new services for tax by Budget 2011

Madhukar N Hiregange 31 March 2011 at 16:49

Service Tax Budget Updates 2011 Proposed New Services Restaurant Service The service provided by a restaurant in relation to serving of food and beverages (including alcohol) to any person has been bought into the tax net. The service tax wo

Point of Taxation Rules - Pain of Taxation? Part - I

CA Pradip Shah 26 March 2011 at 18:34

Point of Taxation Rules Pain of Taxation? Part - I By CA. Pradip R Shah pradip@pradiprshah.com Introduction 1.0 In the arena of Central Excise (CE) and Value Added Tax (VAT), principles regarding levy of tax has been settled since

Existing scheme for levy, assessment & collection Service Tax

Santhosh Thaikkadan 24 March 2011 at 11:11

Existing scheme for levy, assessment & collection of Service Tax in India Levy and assessment Service tax is levied on specified services and the responsibility of payment of the tax is generally cast on the service provider but for

Point of Taxation - Illustration

CA PRAMOD SARAOGI 14 March 2011 at 11:01

Determination of Point of Taxation in accordance with Rule 3 of the Point of Taxation of Rules , 2011 Date of Providing Service Date of Invoice Date of Payment Status

Budget 2011 It is Taxing

Ujjwal Kumar Pawra 12 March 2011 at 12:02

BUDGET 2011 It is Taxing The Finance Minister Mr. Pranab Mukherjee presented the Union Budget for the Financial Year 2011-12 on 28th February 2011. Many changes such as payment of service tax on accrual basis, making new services t

Ups and Downs of Service Tax on Goods Transport Operators

Pradeep Jain 11 March 2011 at 13:01

Ups and Downs of Service Tax on Goods Transport Operators Prepared By: CA Pradeep Jain and CA Preeti Parihar INTRODUCTION:- Though no one can go back and make a brand new start, anyone can start from now and make a brand new ending&

Point of Taxation Rules - An example

Robin 11 March 2011 at 13:01

I have a dry cleaning business. I pay service tax. So far I have been paying service tax on the amounts collected in a particular month by 5 th of next month. It was easy and going on smoothly. I was told that this method of payment of service tax h

Pay or Die!

Selvakumar Selvaraj 10 March 2011 at 11:08

Pay or Die! (Service Tax on Medical Care): Sweets are dead against for diabetics hence the budget 2011 has brought bitters so that nothing to worry except of paying more tax. Any service provided or to be provided to any person by a clinic

Cenvat Credit - Budget Impact

Madhukar N Hiregange 10 March 2011 at 10:45

Cenvat Credit- Budget Issues and Impact By Madhukar.N.Hiregange, FCA Cenvat Credit Rules Amendment in Finance Act 2011 The definition of &lsq

Pay service tax for Health services!!!

Pradeep Jain 07 March 2011 at 11:10

Pay service tax for Health services!!! Prepared By: CA Pradeep Jain, CA Preeti Parihar and CA Rajani Thanvi In the chain of imposition of duty on new services the levy on hospitals has also been added in the budget 2010-11. Although the rate o