Service Tax Articles

Departmental Audit- Some Tips

Madhukar N Hiregange 05 April 2010 at 10:20

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

Pradeep Jain 29 March 2010 at 11:32

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

Rajiv 20 March 2010 at 11:31

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

CA RAMESH KUMAR AHUJA 13 March 2010 at 16:08

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

MONISH BHALLA 11 March 2010 at 16:58

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

CA Chitresh Gupta 04 March 2010 at 13:00

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

MONISH BHALLA 03 March 2010 at 10:48

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

MONISH BHALLA 02 March 2010 at 11:15

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

MONISH BHALLA 28 February 2010 at 14:39

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

Budget 2010. Highlights of Service Tax