Service Tax Articles

Budget 2010- Issues in Service Tax

Posted by Madhukar N Hiregange 05 April 2010 19082 Views

BUDGET 2010 - ISSUES IN SERVICE TAX By CA Madhukar N Hiregange & Srikantha Rao T This year’s budget has introduced quite a few changes in service tax. Though there are hardly any significant changes in terms of procedures and administ

Departmental Audit- Some Tips

Posted by Madhukar N Hiregange 05 April 2010 29512 Views

Departmental Audit- Some Tips By CA Madhukar N Hiregange & CA. Srikantha Rao T The reforms in India have ensured that monthly/ quarterly assessments have been done away with. However the manufacturers or service providers dread an audit by the

No room for Builders under Service Tax net

Posted by Pradeep Jain 29 March 2010 11599 Views

Prepared By: CA Pradeep Jain Sukhvinder Kaur, LLB Introduction: - The amendment relating to Construction service has big implications and everyone is talking about the same. We have already written an article titled ‘Deeming Construction S

Service Tax Procedures

Posted by Rajiv 20 March 2010 9981 Views

As on 1st May, 2006,95 services are identified as taxable services in India. Section 64 of the Finance Act, 1994, extends the levy of service tax to the whole of India, except the State of Jammu & Kashmir

Commercial Coaching - Taxability and Exemptions from Service

Posted by CA RAMESH KUMAR AHUJA 13 March 2010 42168 Views

Commercial Coaching – Taxability and Exemptions from Service Tax ‘Commercial Training or Coaching’ services were brought into the Service Tax net w.e.f. 1st July 2003. Notification No. 9/2003-ST effective from 01/1/2003 exempted th

Govt bulldozes its way to tax port services

Posted by MONISH BHALLA 11 March 2010 4798 Views

We have come a long way from the ancient days of Lothal cargo ports. But be it Kandla or Mundra, Pipavav or Dahej, Porbandar, Sikka or upcoming Dholera, ports have always played a major role in the glory and success story of Gujarat. In the next dec

Budget 2010: Service Tax on Renting of Immovable Property

Posted by CA Chitresh Gupta 04 March 2010 62165 Views

BUDGET 2010: RENTING OF IMMOVABLE PROPERTYThe Budget 2010 has made the following important amendments relating to Renting of Immovable Property Service 'Renting' activity itself regarded as taxable service (Retrospectively amended from 1 June, 200

Back to Square One

Posted by MONISH BHALLA 03 March 2010 4578 Views

The Authority for Advance Rulings, New Delhi in the case of Harekrishna Developers, STO 2008 AAR 87 observed that the activity of building a residential unit on an earmarked plot in the Complex and making Construction thereon as per the plan, desi

Budget 2010 displeased Indirect Tax payers

Posted by MONISH BHALLA 02 March 2010 7176 Views

The reaction over budget 2010 is on air now. The Finance Minister has failed to cheer assessee of Indirect Taxes. Even the matter for implementation of the proposed GST has been deferred for one more year. The Finance Minister addressed to certai

New Services proposed in the Union Budget 2010

Posted by MONISH BHALLA 28 February 2010 9471 Views

List of the eight new Services proposed Promoting, marketing or organizing of games of chance, including lottery [Section 65 (105) (zzzzn)] Health services, include following:- [Section 65 (105) (zzzzo)] 1. Health check up undertaken by ho