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