Service Tax Articles

Decoding rule 6 of Cenvat Credit Rules, 2004

Ashish Gupta 03 April 2015 at 10:56

THUMB RULE to avail CENVAT Credit is that it can be availed on those eligible Inputs, Capital goods or Input Services which have been utilized for providing taxable services or manufacturing dutiable goods except the cases where it is restricted unde

Ready reckoner - ST changes effective from 1st April, 2015

CA. Rajeev K. Sharma 02 April 2015 at 10:23

READY RECKNOR SERVICE TAX CHANGES 01-04-2015 In this Ready to- Read Table, I have endeavored to encapsulate major changes in service tax that are effective from 01-04-2015 along with proposed changes in service tax rates consequent as enshrine

Service tax on e-commerce transactions under aggregator model

Manasa 02 April 2015 at 10:22

All about aggregatorThe Finance Bill, 2015 has sought the levy of service tax on e-commerce transactions under aggregator model effective from March 01, 2015.In the budget 2015, for the first time, a person other than the service provider or the serv

Changes in service tax from 1st April 2015

Bimal Jain 01 April 2015 at 16:33

New Service tax rate of 14% is not effective immediately and shall come into effect only from a date to be notified later:The Union Budget, 2015 has proposed an increase in the rate of Service tax from 12.36% to flat 14% with abolishment of Education

Service tax on the amount credited/ debited to suspense

praveen 30 March 2015 at 10:49

IntroductionConstruction industry is one of the major sources of revenue to the government of India. It is very imperative for each and every entrepreneur to plan his service tax well in advance. Before starting any project professional consultation

Service Tax: Analysis of amendments effective from 01.04.15

CA Chitresh Gupta 30 March 2015 at 10:48

SERVICE TAX: ANALYSIS OF AMENDMENTS APPLICABLE WITH EFFECT FROM 01ST APRIL 2015By CA. Chitresh Gupta, B.Com(H), FCA, IFRS (Certified), IDT (Certified)The Finance Bill, 2015 has proposed lot of changes in Service tax provisions. These changes will be

Impact of Change of Service tax liability structure from partial reverse charge

Bimal Jain 28 March 2015 at 15:53

Impact of Change of Service tax liability structure from partial reverse charge to full reverse charge on manpower Supply and Security Services in transition periodAs Notification No. 30/2012-ST dated 20-06-2012 has been amended vide Notification No.

Search and seizure under ST law

sivadas chettoor 05 March 2015 at 10:10

INTRODUCTION:The Central Excise authorities who are entrusted with the task of implementation of the service tax law enjoy wide and sweeping powers in respect of search and se

Service Tax amendments in Finance Bill 2015

CA RITUL PATWA 04 March 2015 at 10:27

The budget for the F. Y. 2015-2016 has been presented by the Hble Finance Minister, Sh. Arun Jaitely Ji on 28th February, 2015 with a focus for smooth transition of all the Indirect Taxes towards the Goods & Services Tax (GST) proposed to

Snapshot of changes from Budget

AKASH PHOPHALIA 04 March 2015 at 10:27

BUDGET V (SNAPSHOT OF CHANGES IN SERVICE TAX FROM 01.04.2015) Exemptions The exemption presently available on specified services of construction, repair, maintenance, renovation or alteration services provided to the government, a local auth