Service Tax Articles

Principles emerging from recent Advance Rulings on the term 'Intermediary' under Place of Provision of Services Rules

Rishabh 24 May 2016 at 10:49

The Place of Provisions of Service (POPS) Rules, 2012 is the thin line which divides taxability and non-taxability under the Service Tax Law. These rules were aimed to consolidate the endlessly dispute on the Export of Services and Import of Service

Cost sharing by companies and service tax

CA Roopa Nayak 24 May 2016 at 10:49

BackgroundA group company could procure resources such as server space, software licenses, office space and various other facilities from vendors. When a company say Co Aof Karnataka procures such

Impact of Krishi Kalyan Cess - Service tax

CA Roopa Nayak 23 May 2016 at 10:40

Krishi Kalyan Cess Service tax rate has been proposed to increase from 14.50% to 15% from 1st June to finance and promote initiatives to improve agriculture.

Finance Bill, 2016 enacted: Significant changes in Service Tax effective from June 1, 2016

Bimal Jain 17 May 2016 at 17:49

The Hon�ble Finance Minister Shri. Arun Jaitley presented the Union Budget for 2016-17 on February 29, 2016 in the Lok Sabha.

Effective Rate of Service Tax under Abatement, Reverse Charge and Valuation Rules after introduction of KKC

Bimal Jain 17 May 2016 at 17:14

Pursuing with an objective to finance and promote initiatives to improve agriculture and farmer welfare, the Gover

Tax Planning in Krishi Kalyan Cess

Karan Sahi 17 May 2016 at 11:49

Tax Planning in Krishi Kalyan Cess as KKC would be levied @ 0.5% from 1st June 2016

Simplified approach to service tax - Krishi Kalyan Cess

CA Raman Singla 17 May 2016 at 10:55

SIMPLIFIED APPROACH TO SERVICE TAX - KRISHI KALYAN CESS - CHAPTER VI OF FINANCE ACT� 2016BUDGET SPEECH(�152. I propose to impose a Cess, called the Krishi Kalyan Cess, @ 0.5% on all taxable services, proceeds of which would be exclusively

Pre-registration credit for manufacturers and service providers

CA Roopa Nayak 17 May 2016 at 10:54

BackgroundIn order to start new business operations in any sector, the project costing has to factor in the indirect taxes.Basic Customs Duty(BCD), Excise duty and Countervailing duty[CVD], 3% Customs Cess and 4% Special Additional duty(SAD)are paid

Service Tax - Settlement of cases

CA Neha Gupta 14 May 2016 at 10:59

Service tax which is an indirect tax is no more far from us. We all pay Service tax on services received. The scope has been widened by introduction of negative list and presently almost all services are covered under the tax provisions.Like, direct

Cenvat credit on set top box

CA PIYUSH KAPOOR 03 May 2016 at 10:32

INTRODUCTIONService providers have at least a Telephone in their office. They are paying service tax on the telephone charges. The service tax on telephone charges becomes a part of the cost for the service provider. When