Service Tax Articles

Construction of Residential Complex Service

Akbar Basha 07 October 2010 at 12:21

CONSTRUCTION OF RESIDENTIAL COMPLEX – WHAT THE END CUSTOMERS SHOULD KNOW?By Ganesh Sankararaman B.Com, FCA, Grad.CWA, PMP & Akbar Basha B.Com, ACA INTRODUCTION:No doubt service tax is considered to be tax of the decade; it h

Checks and balances in Service Tax Audits

MONISH BHALLA 07 October 2010 at 12:07

Checks and balances are utmost essential in any tax regime. The service tax payers are entrusted with a self-assessment system wherein the tax paid by them is deemed to be appropriate and correct. Nonetheless, there might be instances where some ass

Johnny and Service Tax Refund[Series-II] Part 2: CHA service

Pradeep Jain 05 October 2010 at 18:29

Johnny and Service Tax Refund [Series- II] Part 2: CONDITIONS RELATING TO CHA SERVICE By: - CA. Pradeep Jain Mayank Palgauta In continuation of previous article, elaborating the

Service tax refunds: Are they just or unjust?

MONISH BHALLA 01 October 2010 at 10:39

No one can be taxed without any constitutional authority. If any tax or duty is collected by the department because of misinterpretation of the provisions of law, the same can be refunded if the taxpayer applies for a refund. Refund claims can be fil

Johnny and Service Tax Refund[Series -II] Part-1: 'Invoice'

Pradeep Jain 25 September 2010 at 12:52

Johnny and Service Tax Refund [Series- II]Part 1: INVOICE Prepared By: - CA. Pradeep JainMayank Palgauta We have already written one complete series of articl

Art of interpreting law to one's own advantage

MONISH BHALLA 24 September 2010 at 13:39

Correct interpretation of a law is one of the keys to resolve the litigations, but it is easier said than done. The service providers as well as the department are constantly trying and interpreting the statute as it suits them. The main object mus

Supply of Software: Sale or Service

MONISH BHALLA 24 September 2010 at 13:38

Software consists of carrier medium such as CD, Floppy and coded data. Softwares are categorized as standardized software or canned software and specific software or customized software. Standardized software or Canned software is mass market

Taxing art: New rules on point of taxation

MONISH BHALLA 18 September 2010 at 11:04

The Art of taxation is one of the fortes of the finance ministry. It has innovative concepts and ideas of creating tax liabilities even though the service has not been provided at a given point of time. The CBEC has proposed a new rule to be impleme

Confusions galore over ongoing works contracts issue

MONISH BHALLA 03 September 2010 at 13:33

'If you cannot convince them, confuse them'. The CBEC seems to be working with this very motto when it comes to works contract service. More than half a dozen big and small clarifications and amendments have been issued since the introduct

Suggestions on Draft Point of Taxation Rules

M B Abhyankar 31 August 2010 at 11:16

Board deserves thanks from taxpayers for advance intimation & invitation for suggestions in respect of Point of Taxation rules that would be made applicable for charge of service tax. These Rules can provide useful inputs in the process of d