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Service Tax News


Service Tax exemption for goods carriage to GTA

   27 June 2008 at 11:11

Central Government has issued notification No.29/2008-Service Tax, dated 26.06.2008 to exempt fully from levy of service tax on supply of transport vehicles (goods carriage) to a goods transport agency (GTA) to be used for transport of goods by road

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Amount of Custom,excise and service tax collected by government

   17 June 2008 at 18:29

 Placed below is the provisional Customs & Central Excise Revenue collection for the month of May 2008 , Service Tax revenue collection for the month of April, 2008 along with the comparative data for the corresponding period of the previous

Posted in Service Tax |   5643 Views


Service tax in comex is here

   04 June 2008 at 12:57

The government may have finally put the service tax issue to rest, but the spectre of the commodity transaction tax (CTT) is still haunting

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Amendment Concerning Service Tax on Chit

   29 May 2008 at 16:29

The Central Government has issued notification. No. 27/2008-ST dated the 27th May, 2008, amending notification No. 1/2006-ST dated the 1st March, 2006, prescribing abatement in lieu of CENVAT Credit for the purpose of payment of service tax for the s

Posted in Service Tax  1 comments |   17988 Views


Chaotic tax axe on builders

   30 April 2008 at 01:01

Author : Monish Bhalla/DNA-Daily News & Analysis We are a real estate development firm which engages a contractor to construct residential societies. Prospective buyers pay us a booking advance on these residential units. Are we liable to pay servic

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New Service tax return preparer scheme!!

   13 April 2008 at 11:26

The central board of excise and custom has constituted a committee to suggest modalities and prepare a scheme for implementation of "service tax return preparer scheme".To download the same click on the link belowhttp://caclubindia.com/shar

Posted in Service Tax |   26412 Views


Publication of Names of 'Offenders'

   26 March 2008 at 12:17

By Praveen Chopra THE Government has come out with Circular No. 100/3/2008-ST dated March 12, 2008, containing the guidelines for publication of names under Section 73D of the Finance Act 1994, read with the Service Tax (Publication of Names) Rules,

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12 new services to be in tax net

   05 February 2008 at 20:14

12 new services to be in tax netLower inflation may prompt a rates rise too. About a dozen new services are likely to be brought under the service tax net from fiscal 2008-09, even as the rate could be increased from 12 per cent. Last year, the gover

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Service tax rate may remain unchanged

   04 February 2008 at 13:43

Budget 2008is likely to spare people a hike in the service tax rate. Under considerablepressure to deliver a people-friendly Budget, the government may leave theservice tax rate unchanged, though some more services like business classdomestic air tra

Posted in Service Tax |   4986 Views


Service Tax Officer now may enter your premises

   29 January 2008 at 09:38

GOVERNMENT OF INDIAMINISTRY OF FINANCE DEPARTMENT OF REVENUE Notification No. 45/2007 - Service Tax  New Delhi, 28.12.2007  G.S.R. (E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 94 of th

Posted in Service Tax  1 comments |   9774 Views