Service Tax Articles

Use of digital signature and maintenance of records in electronic form

Posted by Deepak 22 July 2015 6599 Views

The Article given below may help you to know what are the Conditions and Procedures to be followed to use Digital signature to sign the invoices and maintain records in Electronic form.By way of Notification No. 5/2015-Service Tax dated 01.03.2015, C

Tax recovered but not paid to the Govt. has to be treated as evasion of ST

Posted by RENGARAJ R.K 22 July 2015 5490 Views

Introduction: In a recent judgment the Hon�ble Tribunal in the case of M/s IWI CROGENIC VAPORIZATION SYSTEMS INDIA Vs Commissioner of Central Excise Vadodar (2015-TIOL-1458-CESTAT-AHM) has held that recovering tax from the service recipients an

Back to Back Works Contract under Service Tax - Brief Analysis

Posted by CA Monalisa khuntia 17 July 2015 18424 Views

Back to Back Works Contract under Service Tax � Brief Analysis CA. Monalisa KhuntiaIntroductionWorks contract, as understood in trade, means a composite contract involving both supply of goods and provision of service. As per Article 366(29A) o

CBEC issues guidelines for detailed manual scrutiny of ST-3 Returns w.e.f. August 1, 2015

Posted by Bimal Jain 09 July 2015 16703 Views

Dear Professional Colleague,CBEC issues guidelines for detailed manual scrutiny of ST-3 Returns w.e.f. August 1, 2015Background:The Central Board of Excise and Customs (�CBEC� or �the Board�) vide Circular No. 113/07/2009-ST d

ST - Reverse charge mechanism

Posted by CA Sujeet Kumar 08 July 2015 25085 Views

In 2012, Govt. of India has changed the overall taxation of Service tax and that time they had presented a different taxation method to levy service tax on services which was negative List Based taxation method. All the services except services provi

Availment of credit based on computer generated invoice: Pre and Post Budget 2015-16

Posted by Ashish Chaudhary 08 July 2015 22738 Views

Availment of Credit based on computer generated invoice: Pre and Post Budget 2015-16 CA Ashish Chaudhary

Service tax on reimbursable expenditure - Paradox rejuvenated

Posted by CA.Manindar Kakarla 08 July 2015 21642 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 34459 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 8873 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 12763 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