Service Tax Articles

CAs & CWAs empowered for service tax audits

Sumit Grover 06 December 2014 at 12:15

CBEC has authorised CAs & CWAs(nominated u/s 72A) to conduct service tax audits at behest of service tax department.Statutory provisions--Rule 5A(2) of Service Tax Rules, 1994 authorises department to conduct audit by CAG or any audit party deput

Service tax refund related notifications

Annu Agarwal 06 December 2014 at 12:14

Dear FriendsHere comes an article attempting to give a brief gist of various notifications notified for the purpose of refund of service tax.The article may appear to be very lengthy but I hope it covers every important aspect of the relevant notific

Threshold Exemption to SSP vide NN 33/2012-ST

CA. K S Chauhan 05 December 2014 at 10:52

Threshold Exemption to Small Service Providers under Notification No. 33/2012 - Service Tax Dt. 20/06/2012: CA. Kamlesh Singh ChauhanFCA, LL B, DISA(ICA)E-mail: k

Reverse charge and partial reverse charge mechanism in ST

CA. K S Chauhan 05 December 2014 at 10:51

REVERSE CHARGE AND PARTIAL REVERSE CHARGE MECHANISM IN SERVICE TAX CA. Kamlesh Singh ChauhanFCA, LL B, DISA(ICA)E-mail: ks_chauhans@yahoo.comMobile: +91 9839 094 094 Service Tax is levied under Section 66B[1] of the Finance Act, 1994 as amended up to

Value of materials not includible in the value of services

Bimal Jain 05 December 2014 at 10:51

Dear Professional Colleague,Value of materials not includible in the value of services where the Agreement quantifies the value of materials separately from the value of services renderedWe are sharing with you an important judgement of the Hon&rsquo

Inputs lost during manufacturing does not amount to receipt of Inputs in short quantity

Bimal Jain 04 December 2014 at 11:01

Dear Professional Colleague,Inputs lost during manufacturing does not amount to receipt of Inputs in short quantity and accordingly whatever tax has been paid by Assessee on Inward Transportation service is entitled for Input Service credit We are sh

Update on Indirect Tax - Service Tax and Excise for the month of Dec 2014

TARUN KUMAR GUPTA 02 December 2014 at 10:59

A. Service Tax 1. Service Tax payment for the month of November, 2014 is due for payment on 6th December, 2014 for assesses excluding Individual, Proprietary Firm, Partnership Firm or LLP. It is now mandatory for all assesses w.e.f. October 1, 2014,

Whether security provided by government to Tea Plantation owners in Assam in order to protect from terrorists liable to ST?

CA Nischal Agarwal 02 December 2014 at 10:59

McleodRussel (India) Limited having its registered office at 4, Mangoe Lane, Kolkata has tea plantations in the state of assam and the area is highly volatile and acts of vandalism being carried out by terrorists. The consortium of tea plantation own

No Service tax is leviable on the amount of discounts/ incentives as these are not consideration for any service rendered

Bimal Jain 28 November 2014 at 10:32

Dear Professional Colleague,No Service tax is leviable on the amount of discounts/ incentives as these are not consideration for any service renderedWe are sharing with you an important judgment of the Honble Mumbai CESTAT, in the case of Grou

Department cannot adjust unconfirmed demand against refund payable to the assessee

Bimal Jain 27 November 2014 at 13:36

Dear Professional Colleague,Department cannot adjust unconfirmed demand against refund payable to the AssesseeWe are sharing with you an important judgement of the Honble CESTAT, Delhi in the case of Bharat Sanchar Nigam Ltd. Vs. Commissioner