Service Tax Articles

Service tax on reimbursable expenditure - Paradox rejuvenated

Posted by CA.Manindar Kakarla 08 July 2015 21633 Views

INTRODUCTION:Incurring of reimbursable expenditure by service provider during the course of providing his services and service receiver subsequently reimbursing them is the inevitable business expediency in certain service sectors. Inclusion of this

Service Tax on Hotels and Restaurants - Analysis

Posted by Madhukar N Hiregange 06 July 2015 34447 Views

Introduction Under negative list based taxation, service tax is levied on all services other than those covered in negative list or a subject matter of exemption

Understanding Liability and Credit Under ST - GTA

Posted by Madhukar N Hiregange 06 July 2015 8869 Views

Understanding Liability & Credit of ST on GTA CA Madhukar N. Hiregange& CA Roopa Nayak IntroductionAll manufacturers, some dealers and service providers are r

Summary of Indirect Taxes Amendments by Budget 2015 with Effective Dates

Posted by Vishal Jain A 06 July 2015 12756 Views

(I) CENTRAL EXCISEAMENDMENTS IN RATE OF EXCISE DUTY1. Basic Excise Duty Rate � I Schedule of CETA, 1985Basic Excise Duty rate for most of the goods under I Schedule of CETA, 1985 is increased from 12% to 12.5%.Effective Date: 01st March 2015 2

Bird eye view of recent judgements

Posted by CA Pravendra Rana 9717036532 03 July 2015 13818 Views

Dear All,I am sharing with you bird eye view of some recent judgements:CASE-ICENVAT credit of input services received prior to 01 March 2006 is allowable after issue of Notification 01/2006The Hon�ble Bench of Mumbai CESTAT in the case of M/s A

Indirect tax benefits on direct supplies to SEZs

Posted by Manoj Pala 27 June 2015 18663 Views

INDIRECT TAX BENEFITS (excise duty in particular) ON DIRECT SUPPLIES TO SEZs made by a Vendor who is a sub-contractor of the Main ContractorIn relation to the subject matter, the mechanics of the transaction may be as under;The customer is RRR Ltd.,

Applicability of Rule 6 of CCR for interest income

Posted by CA.Nagabhushan 22 June 2015 25724 Views

After the introduction of Negative list of services from 01-07-2012 there are many issues arising with respect to Cenvat Credit availment, utilization and also appl

Some important judgment of Service Tax

Posted by Bimal Jain 19 June 2015 20845 Views

Dear Professional Colleague,We are sharing with you some important judgment of Service Tax on the following issue:1. Refund admissible even when services were not notified on the date of export but were duly notified on the date of claiming refun

Reverse Charge- Branch

Posted by Madhukar N Hiregange 17 June 2015 24700 Views

Service tax under reverse charge � Branch PaymentsCA Madhukar N Hiregange& CA Mahadev R. �Service� has been defined as an activity between two persons. In normal course the principle of �mutuality� is a

Some important judgments of service tax

Posted by Bimal Jain 12 June 2015 29888 Views

Dear Professional Colleague,We are sharing with you some important judgment of Service Tax on the following issue: Method of computation of value U/R 6(3A) of the Credit Rules in respect of Input services used for trading cannot be applied for period