Service Tax Articles

Service tax applicability on short notice recovery

Posted by Sushanth Karanth 30 January 2015 29081 Views

Service tax applicability on Short notice recoveryIntroductionIn the present day corporate world, an employee is expected to possess challenging skill sets to perform the duties expected as per his job profile due to which there is a high demand for

Variable Interest Rates - Service Tax

Posted by CA Prakash Sajnani 28 January 2015 14779 Views

Variable Rates of Interest for Delayed Payment of Service Tax Prescribed By Notification No. 12/2014-ST Dated 11-7-2014:- To encourage prompt payment of Service tax, new interest rates on delayed payments under Section 75 of the Finance Act, 1994, wh

SC discontinue practice of printing hard copies of judgments

Posted by Bimal Jain 27 January 2015 6187 Views

The Honble Supreme Court vide Circular F. No. 4/SG/2015 dated January 21, 2015 has decided to discontinue the practice of printing and rolling out hard copies of Judgments by the Editorial Branch of the Registry for contingent/miscellaneous re

Refund of Service Tax to SEZ Unit - Notification 12-2013

Posted by CA Sunnay Jariwala 17 January 2015 30201 Views

Notification No. 12/2013 Service Tax 1. The exemption shall be provided by way of refund of service tax paid on the specified services received by the SEZ Unit or the Developer and used for the authorised operations: Provided that where the s

Exemptions of Service tax for GTA Service

Posted by Member (Account Deleted) 10 January 2015 148254 Views

What are the exemptions available on GTA Service on the basis of goods involved in the consignment?As per notification no.25/2012- ST amended from time to time, services provided by way of transportation of f

Rent a cab service - Revenue Raising or Litigation Raising

Posted by Harsh Gadodia 09 January 2015 22167 Views

A recent amendments made in the Union Budget 2014 in regard to rent a cab service - service tax liability, cenvat credits and reverse charge, not only ignite the confusions that was prevailing already in the industry

Refund of ST to exporter of services

Posted by CA Sunnay Jariwala 05 January 2015 6167 Views

Notification No. 39/2012- Service Tax20th June, 2012 The Central Government hereby directs that there shall be granted rebate of the whole of the duty paid on excisable inputs or the whole of the service tax and cess paid on all input services (herei

Analysis of L&T - Service Tax - Impact on Valuation of WCT in residential apartments

Posted by Madhukar N Hiregange 03 January 2015 20108 Views

Construction Service / Works Contract- Residential ApartmentsImpact of Larsen & Toubro [ K.Raheja] Judgment.Madhukar N Hiregange Commercial tax is a largest[maximum] contributor of revenue to every State. There were attempts in late 1990s and la

Service Tax on Voluntary Organizations (NGO)

Posted by Guest 02 January 2015 39916 Views

After introduction of Negative List based taxation under service tax from 1.7.2012, the applicability of service tax to voluntary / non-profit organizations (NGOs) has become a contentious issue. This is because of introduction of all encompassing de

Threshold exemption to small service providers under service tax as updated 26th Dec'14

Posted by CA. K S Chauhan 02 January 2015 45486 Views

1. Summary of previous notifications related to threshold exemption along with limit, date of applicability and relevant Notification numbers: Period Exemption limit (Rs.) Relevant Notification of Service Tax Effectiv