Service Tax Articles

Requirement of filling Service Tax Returns by Small Service Providers

Posted by CA. Rajeev K. Sharma 30 October 2014 34284 Views

We all are well familiar with the ever green contest between the Revenue and the Assessee,be it a taxing issue or an issue of relief. The learned officials of the Department are issuing Show Cause Notices to the Small Service Providers of nonfillingo

Important Amendments for Nov 14 CA Final in Service Tax

Posted by AKASH PHOPHALIA 28 October 2014 42072 Views

Amendments Relevant for November 2014(Amendments between Nov 13 to April 14) Earlier Amendment Mega Exemption Notification 25/2012 (Following services are exempted) Services by way of sponsorship of spo

Mandatory Pre-Deposit of Demand - Departmental Clarification

Posted by Ravi Kumar Somani 27 October 2014 18645 Views

Departmental clarification on mandatory Pre-Deposit of Demand Honorable Finance Minister in the union budget speech shared his thoughts on various matters concerning social, economical, political, business and other reforms. One very crucial informa

Service Tax on Joint Development Agreements

Posted by Ravi Kumar Somani 22 October 2014 38592 Views

In case of a Real estate and construction industry, where due to various political and economical reasons we have seen that there is a sharp downturn being noted in the sale of residential and commercial con

Services provided to Foreign Principals for marketing their products

Posted by Bimal Jain 17 October 2014 15614 Views

Dear Professional Colleague,Services provided to Foreign Principals for marketing their products in India qualify as an export of service We are sharing with you an important judgment of the Honble CESTAT, Delhi in the case of Microsoft Corpor

No penalty if there was mass unawareness among service providers about taxability of certain service

Posted by Bimal Jain 16 October 2014 13481 Views

SERVICE TAXRECENT CASE LAWS No penalty if there was mass unawareness among service providers about taxability of certain service H.M. Singh & Co. Vs. Commissioner of Central Excise, Customs & Service Tax [2014 (49) taxmann.com 417(Allahab

Service Tax Compliance under Reverse Charge - Proprietorship

Posted by Manoj Agarwal 14 October 2014 25145 Views

1. Freight paid/payable to Goods Transport Agency (GTA)1.1 When does an individual/proprietorship firm is liable to pay service tax under reverse charge?An Individual or a proprietorship firm is liable to take service tax registration and pay servi

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

Posted by TARUN KUMAR GUPTA 11 October 2014 33048 Views

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

Action plan of CBEC to evolve non-adversarial indirect tax administration

Posted by Bimal Jain 08 October 2014 13907 Views

The CBEC has issued an instructions vide letter F. No. 296/185/2014-CX.9 dated September 30, 2014 to all CCs and DGs on its action plan to evolve Non-adversrial indirect tax administration for the benefit of trade, industry and other stakeholders, wh

Exponential Rise in Rate of Interest of Service Tax

Posted by CA Umesh Sharma 07 October 2014 17266 Views

Karniti Part 57 In October Heat Exponential Rise in Rate of Interest of Service TaxArjuna (Fictional Character): Krishna, October months heat has started. In this by increasing rate of interest of service tax from 1st October 2014 the departme