Service Tax Articles

CBEC clarification on chargeability of Service tax on GTA and other IDT - Digests

Posted by Bimal Jain 07 October 2015 21462 Views

Dear Professional Colleagues,CBEC clarification on chargeability of Service tax on GTA and other IDT - DigestsBackground:Goods Transport Agency ("GTA") has been defined to mean any person who provides service to a person in relation to transport of g

Avoiding common errors in filing of service tax return

Posted by Ashish Chaudhary 03 October 2015 31328 Views

Self assessment under service tax has been started in the year 2001. In any self assessement taxation system, the onus is on the assessee to make true disclosure of all statutory information required to be disclosed. Non/wrong disc

ST on Director's remuneration - Instigating litigation!

Posted by Pradeep Jain 25 September 2015 10558 Views

Introduction:- The issue regarding leviability of service tax on remuneration paid to the directors has been matter of concern since 07.08.2012 when reverse charge mechanism was introduced vide notification no. 45/2012-ST dated 07.08.2012 for the s

Valuation of Non-monetary consideration under Service Tax

Posted by Ravi Kumar Somani 23 September 2015 10334 Views

The term �service� is defined under service tax law to mean any activity for �consideration� by one person for another. In this regard

Service tax in relation to aggregators

Posted by Atul Rathod 21 September 2015 18983 Views

Background:-The aggregators who were not specifically covered under the service Tax till now because of the interpretation in the law. To cover the services of App based Cab (aggregators) this concept has been

Is it justified to collect service tax on penalty charged?

Posted by Akarsh Tekriwal 11 September 2015 59080 Views

Telecom companies and Banks are charging service tax on late payment charges, Penalties, Penal interests, etc. If you credit card bill has a late payment charge of Rs.1000 on which Rs.140 will be charged as service tax. Service tax is to be charged

1% Additional Levy: Where is it heading us?

Posted by Pradeep Jain 04 September 2015 10785 Views

An article by:-CA. Pradeep JainCA. Preeti PariharSharad Bang Introduction:- Goods and Service Tax (GST) has been a topic of debate in the recent past. With the NDA government looking firm to bring in the GST, the members of Rajya Sabha still have a n

Online service tax registration

Posted by Sameer Shah 29 August 2015 13479 Views

Every service provider who provides taxable services over Rs 9 lakhs has to register with Service Tax. If you are in a business that provides various services such as the hospitality industry, restaurants, or beauty salons with an annual turnover in

No service tax on delivery of food

Posted by Bimal Jain 26 August 2015 13836 Views

Dear Professional Colleagues,No Service tax on free Pick-up/Home delivery of food, being �Sale� in nature � Chandigarh CommissionerateBackground:The Government vide Entry No. 19 of the Mega Exemption Notification No. 25/2012-ST date

Service Tax- Place of Provision of Services Rules, 2012

Posted by CA JaiKishan 21 August 2015 34528 Views

Introduction: Service Tax is very important source of revenue for the Central Government. Therefore it has been tried to increase the tax base by introducing negative tax regime