Service Tax Articles

Point of taxation for KKC

Posted by CA Hitesh Sachdev 08 August 2016 14154 Views

Remember that as per R. 66B, ST shall be levied on service provided or agreed to be provided (advance payment) and so erstwhile Rule 7 was against the essence o...

An eye view on goods and service tax

Posted by RAVINDER KUMAR JAIN M.Com LLB 03 August 2016 10464 Views

Concept of supply of goods added in GST will lessen the problem of taxation on contractors/developers.

ST return scrutiny: How to combat

Posted by Ashish Chaudhary 22 July 2016 14219 Views

Service Tax has been most targeted area of Central government for garnering revenue and it has been constantly undertaking measures to pluck the revenue leakage. One such measure has b

Issues in respect of Taxability of various softwares

Posted by Ravi Kumar Somani 15 July 2016 8394 Views

If material and service portion cannot be segregated, then 70% of the value is deemed to be the standard service element as per the service tax law.

Service Tax Audits by Department - Legal Position

Posted by Ravi Kumar Somani 15 July 2016 19025 Views

Service Tax Audits by Department - Legal Position - By CA Ravi Kumar Somani & Rakesh SaraswathINTRODUCTION:Service Tax law operates under the concept of sel

Grey areas - Cenvat credit on Krishi Kalyan Cess (KKC)

Posted by CA Nilesh Mahajan 14 July 2016 34309 Views

This article intends to highlight certain grey areas in the subject field.

Taxability of Government Services Under Reverse Charge Mechanism

Posted by CMA Dipak joshi 07 July 2016 34668 Views

W.e.f. 01st April 2016 all the government services provided to the business entity are taxable in the hands of service receiver. Prior to 01st April 2016 only s...

Budgetary changes reg. Service Tax and Cenvat Credit provisions summarized

Posted by Manish K.Gandhi 05 July 2016 10970 Views

This is my humble attempt to summarize budgetary changes reg. Service Tax and Cenvat Credit provisions in nut-shell and also in common language and may be chances in error somewhere during preparation so it is advised to refer relevant authority in A

Krishi Kalyan Cess - FAQs

Posted by Bimal Jain 30 June 2016 13565 Views

FAQ on Krishi Kalyan Cess KKC to be levied at 0.5% on the value of all taxable services w.e.f June 1, 2016

New Service Tax Returns

Posted by Madhukar N Hiregange 28 June 2016 144921 Views

New Service Tax Return- Few Suggestions By CA Madhukar N Hiregange & CA Roopa Nayak A few years back we heard that the combined excise and service tax return would be 1 page. This was not to be as reform implementation have failed in the last