Service Tax Articles

Reverse charge & partial reverse charge mechanism in ST

Posted by CA. K S Chauhan 19 December 2014 19347 Views

Service Tax is levied under Section 66B of the Finance Act, 1994 as amended up to date. Section 68(1) confers liability to pay service tax on service provider but section 68(2), which has overriding effect over section 68(1), confers liability to pay

Intermediary redefined - relevance of NT 42/2012 lost?

Posted by AKASH PHOPHALIA 18 December 2014 10672 Views

Intermediary redefined relevance of Notification 42/2012 lost? With the final Budget 2014 an amendment was proposed to change the definition of intermediary. The new definition introduced the words ..or supply of

Extended period is not invocable, when penalties were waived

Posted by Bimal Jain 18 December 2014 8390 Views

Dear Professional Colleague,Extended period is not invocable, when penalties were waived off on the ground of interpretational issue being involvedWe are sharing with you an important judgment of the Honble CESTAT, New Delhi, in the case of Sa

Cenvat credit on Outdoor Catering services used in relation to business activities

Posted by Bimal Jain 17 December 2014 9211 Views

Dear Professional Colleague,Cenvat credit on Outdoor Catering services used in relation to business activities continues to be an eligible Input service even after amendment in the definition of Input services w.e.f April 1, 2011We are

Goods & Service Tax Will Be A Reality By April 2016

Posted by Anandaday Misshra, Advocate 17 December 2014 12310 Views

The Central Government has finally agreed to many demands of various states during the most successful meeting held so far on 15th December , 2014. This is claimed to be a win win deal and passing of first hurdle in rolling out the long awaited good

Interesting case laws on CESTAT - Part I

Posted by Anandaday Misshra, Advocate 16 December 2014 8391 Views

Oflate, very interesting legalities have evolved in relation to Tribunal (CESTAT) . I am highlighting only three aspects as below : a. No Dismissal for Non-Prosecution- In Balaji Steel Re-Rolling Mills Versus Commissioner Of C.Ex. & Customs rep

Service Tax v/s VAT on Renting/Hiring of Motor Cabs

Posted by Ravi Kumar Somani 16 December 2014 19734 Views

IntroductionRenting/Hiring of Motor vehicles has mostly been an unorganized sector with mainly individual business houses dominating the sector by operating with limited vehicles (mostly owned

Impact of Budget changes for Rent a Cab

Posted by Member (Account Deleted) 13 December 2014 65166 Views

Impact of amendments on Rent-A-Cab Service (A REVERSE GEAR)Rent-A-Cab Service is not defined under Negative list regime. However as per the earlier definition it means any service provided or to be provided to any person, by a re

CBEC clarifies that ST department can also conduct ST audit along with CA or CMA

Posted by Bimal Jain 13 December 2014 14931 Views

Dear Professional Colleague, Service Tax Dept can also conduct Service Tax Audit along with CA or CMA CBEC clarifies Background: The Honble High Court of Delhi in the case of Travelite (India) Vs. Union of India & Ors. (W.P. (C) 37

CBEC's race with service tax audits

Posted by Sumit Grover 11 December 2014 18408 Views

Less than a week ago, CBEC had empowered CAs & CMAs(nominated u/s 72A) to conduct service tax audits on behalf of service tax department, by setting aside the verdict pronounced by Hon'ble Delhi High Court in case of CAG Travelite (India) Vs.