Service Tax Articles

Common errors while filing service tax return

Posted by SHILPA GUPTA 11 April 2016 23940 Views

With the service tax return season going on, consultants practising in the field of Indirect tax would be occupied in filing of Service tax return. The due date for filing of service tax return being 25 April; gives assessee a time of 25 days for pre

Changes in Service Tax by Finance Bill 2016

Posted by CA. K S Chauhan 08 April 2016 30337 Views

Prevailing Service Tax Rate: @14% Cenvat Available Swachchh Bharat Cess: @ 0.5% [w.e.f. 15/11/2015]Cenvat Not Available Krishi Kalyan Cess: @ 0.5% [w.e.f. 01/06/2016] New LevyCenvat Available1. CHANGES IN NEGATIVE LIST AS GIVEN U/S 66D OF CHAPTER-V O

Service tax on Ocean Freight - Unsolved mystery

Posted by Manish 09 March 2016 12264 Views

The article deals with the spin offs with respect to one of the proposed amendments in Service tax by Finance Bill 2016A. THE VALUATION ISSUEAs we know it today, the activity of transportation of goods by an aircraft or a vessel from a place outside

Service Tax - Is it a good option to settle case through Settlement Commission

Posted by CA Ashish Garg 07 March 2016 4889 Views

The concept of Settlement Commission is fairly new in service tax. It is only in the year 2012, that the benefit of se

Rate of Service Tax - Section 67A linked with POT Rules, 2011 to prevent disputes

Posted by Manoj Agarwal 07 March 2016 10363 Views

BACKGROUND – Section 67A and POT Rules:The Point of Taxation Rules, 2011 (in short POT Rules) was introduced w.e.f. 01-04-2011 to define and determine the point of taxation (in short POT) i.e. point in time when a service shall be deemed to hav

Scrutiny of services provided to/by government post budget 2016

Posted by CS Priyanka Gupta 04 March 2016 20898 Views

I.ANALYSES OF APPLICABILITY OF SERVICE TAX ON SERVICES PROVIDED TO GOVERNMENT, LOCAL AUTHORITY OR GOVERNMENTAL AUTHORITYServices regarding construction, erection etc of Civil Structure, Educational Establishment and Residential Complex�HISTORYT

All amendments of service tax and their date wise applicability

Posted by Guest 02 March 2016 26912 Views

LIST OF CHANGES BEING MADE AND THE DATES ON WHICH THEY WOULD COME INTO EFFECT.Here we are giving summery of all the amendments of service tax according to their applicability.A. With immediate effect (from 01.03.2016) (i) Restoration of exemption on

Changes in Abatement under Service Tax

Posted by CA. Dau Daga 01 March 2016 13050 Views

Here we are giving you amendments related to Abatements in Service Tax Law.Abatements:The proposed rationalization in abatements shall come into effect from the 1st day of April, 2016.In cases where the tour operator is providing services solely of a

Service tax leviable on any services provided by Government from 1st April 2016

Posted by Bimal Jain 27 February 2016 47824 Views

Dear Professional Colleague, Service tax leviable on any services provided by Government or Local Authority to a Business Entity w.e.f 1-4-2016 and issues thereinBackgroundPresently, in terms of Section 66D(a)(iv) of the Finance Act, 1994 (�the

Relief to the Exporters: Refund of service tax on expenses incurred beyond factory gate

Posted by Ashish Chaudhary 22 February 2016 3997 Views

Relief to the Exporters: Refund of service tax on expenses incurred beyond factory gate By CA Ashish Chaudhary CA Madhukar N HiregangeWorld economy over last few years has been very sluggish and more so I